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44 School Street

Central Falls, RI 02863
  • $719,990
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 1348947
UPDATED: 62 min ago
$719,990
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

This outstanding 6-unit multifamily property is an ideal choice for investors looking for upside potential. Featuring a diverse mix of spacious living spaces, including three 2-bed 1-bath units, one 3-bed 1-bath unit, and two 1-bed 1-bath units, this gem promises both variety and appeal. The property is not only well-maintained but also boasts a recent 3-year-old roof. With convenient off street parking, it adds an extra layer of desirability for potential tenants. The total monthly rental income of $7,000 underscores the property's earning potential, and there is room for growth with the possibility of achieving higher rents based on local market rent comps. Whether you're a seasoned investor or new to the market, don't miss out on this exceptional opportunity to acquire a 6 unit. Schedule a viewing today and see the future that this multifamily property holds for your investment portfolio!

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[Rhode Island Statewide MLS] logo

© 2024 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: 2024-02-23T20:38:06.723.
www.mercuriogroup.com/homes/146005629
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44 School Street Central Falls, RI 02863

  • Price: $719,990
  • Status: Active
  • On Site: 72 Days
  • Updated: 62 min ago
  • MLS #: 1348947
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1900
Built
County:
Providence
Area:
Central Falls
Property Description
This outstanding 6-unit multifamily property is an ideal choice for investors looking for upside potential. Featuring a diverse mix of spacious living spaces, including three 2-bed 1-bath units, one 3-bed 1-bath unit, and two 1-bed 1-bath units, this gem promises both variety and appeal. The property is not only well-maintained but also boasts a recent 3-year-old roof. With convenient off street parking, it adds an extra layer of desirability for potential tenants. The total monthly rental income of $7,000 underscores the property's earning potential, and there is room for growth with the possibility of achieving higher rents based on local market rent comps. Whether you're a seasoned investor or new to the market, don't miss out on this exceptional opportunity to acquire a 6 unit. Schedule a viewing today and see the future that this multifamily property holds for your investment portfolio!
Exterior Features

Levels Three Or More Parking Total 0

Interior Features

Basement Full Basement YN Yes Furnished Unfurnished Heating Baseboard Heating YN Yes

Property Features

Community Features Sidewalks Electric Item200 Amp Service Human Modified YN Yes Land Lease YN No New Construction YN No Property Sub Type Commercial Sewer Connected Public Sewer Structure Type Apartment Tax Annual Amount 7116 Tax Assessed Value 383600 Tax Lot 447 Tax Year 2023 Utilities Sewer Connected Water Connected Water Source Connected Public

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Real Broker, LLC: .



[Rhode Island Statewide MLS] logo

© 2024 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: 2024-02-23T20:38:06.723.
 
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