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268 West Avenue

Pawtucket, RI 02860
  • $550,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 1319718
UPDATED: 11 min ago
$550,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,558
    SQFT
  • $99
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

GREAT INVESTMENT OPPORTUNITY: Well maintained corner lot property consists of two spacious storefronts and four residential units as well as ample parking in the rear of the building for tenants. Currently, one of the two retail storefronts is currently operating as a Fish Market and features a kitchen/prep area, an office, bathroom, and plenty of storage space in the back. The second storefront is being used as a merchandise store, with open space, bathroom, storage area, and hardwood floors throughout, as well as separate heating and central air conditioning. The apartment units consist of two 2-bedroom units and two 1-bedroom units each with either electric baseboard heat or gas space heater. All units are occupied with long-term tenants paying below market rents, as well as their own electric and heat. Below market rents have the potential for income growth! Full basement with four hot water tanks and an additional smaller water tank that were all replaced with the last few years. Updated fire system. Connected to City Gas & Water. Property is being sold As Is . Seller/Broker make no representations or warranties and the information herein is subject to revision. Buyer/Buyer's Rep is advised to perform due diligence. This is an excellent opportunity for passive income so do not miss out!

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-09-29T07:37:56.51.
www.mercuriogroup.com/homes/133223153
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268 West Avenue Pawtucket, RI 02860

  • Price: $550,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 11 min ago
  • MLS #: 1319718
0
Beds
0
Baths
0
½ Baths
0.11
Acres
5,558
SQFT
$99
$/SQFT
1920
Built
Neighborhood:
Woodlawn
County:
Providence
Area:
Pawtucket
Property Description
GREAT INVESTMENT OPPORTUNITY: Well maintained corner lot property consists of two spacious storefronts and four residential units as well as ample parking in the rear of the building for tenants. Currently, one of the two retail storefronts is currently operating as a Fish Market and features a kitchen/prep area, an office, bathroom, and plenty of storage space in the back. The second storefront is being used as a merchandise store, with open space, bathroom, storage area, and hardwood floors throughout, as well as separate heating and central air conditioning. The apartment units consist of two 2-bedroom units and two 1-bedroom units each with either electric baseboard heat or gas space heater. All units are occupied with long-term tenants paying below market rents, as well as their own electric and heat. Below market rents have the potential for income growth! Full basement with four hot water tanks and an additional smaller water tank that were all replaced with the last few years. Updated fire system. Connected to City Gas & Water. Property is being sold As Is . Seller/Broker make no representations or warranties and the information herein is subject to revision. Buyer/Buyer's Rep is advised to perform due diligence. This is an excellent opportunity for passive income so do not miss out!
Exterior Features

Construction Materials Frame Foundation Details Concrete Perimeter Levels Three Or More Lot Features Corner Lot Parking Total 6

Interior Features

Basement Full Basement YN Yes Heating Forced AirSpace Heater

Property Features

Business Type MixedRetail Community Features Highway AccessNear SchoolsPublic TransportationShoppingSidewalks Electric 100 Amp Service Land Lease YN No Owner Pays SewerWater Possible Use Mixed UseResidentialRetail Property Sub Type Commercial Road Frontage Type City Street Sewer ConnectedPublic Sewer Tax Annual Amount 6112 Tax Assessed Value 275600 Tax Lot 287 Tax Year 2022 Tenant Pays ElectricityGas Utilities Sewer ConnectedWater Connected Water Source ConnectedPublic Zoning Rm

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Re/Max River's Edge: 401-433-5100.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-09-29T07:37:56.51.
 
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Remax Preferred - The Mercurio Group
641 Armistice Blvd.
Pawtucket RI, 02861