
Description
Great investment opportunity, with great visibility on historic post rd, and views of the bay from the top levels. Currently is zoned commercial, and is used as both commercial and residential. The main building has 7br/offices with 2ba, with ample finished space. The second building two separate offices. One on the main level, and one on the lower level. Each has its own entrance. Main building is currently housing medium term contract workers (6mo+ minimum agreement) 4 out of 7 are currently leased out collecting $3600/mo with 3 open rooms. Smaller building has the main level leased out for the next 3yrs @ $1200/mo, with the lower unit currently vacant. Collectively $4800/mo gross. Has potential to collect an additional $3700 if remaining vacant space is leased out. Seller has moved out of state and is selling this great investment opportunity. Whether you use it in its current use, or you need it all to be office space.
-
7BEDS
-
0.28ACRES
-
2BATHS
-
21/2 BATHS
-
3,934SQFT
-
$141$/SQFT
School Ratings & Info
Description
Great investment opportunity, with great visibility on historic post rd, and views of the bay from the top levels. Currently is zoned commercial, and is used as both commercial and residential. The main building has 7br/offices with 2ba, with ample finished space. The second building two separate offices. One on the main level, and one on the lower level. Each has its own entrance. Main building is currently housing medium term contract workers (6mo+ minimum agreement) 4 out of 7 are currently leased out collecting $3600/mo with 3 open rooms. Smaller building has the main level leased out for the next 3yrs @ $1200/mo, with the lower unit currently vacant. Collectively $4800/mo gross. Has potential to collect an additional $3700 if remaining vacant space is leased out. Seller has moved out of state and is selling this great investment opportunity. Whether you use it in its current use, or you need it all to be office space.
Related Properties
![[Rhode Island Statewide MLS] logo](https://static.boomtownroi.com/content/photos/rhodeisland/idx/idx-large.gif)
© 2023 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: 2023-06-01T06:37:54.047.