162 Broadway Pawtucket, RI 02860

For sale for $479,000 - MLS # 1295958

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162 Broadway
Pawtucket, Rhode Island RI 02860
Sold For: $415,000
Listing ID 1295958 Status Closed 2/28/2022 Sold Date 0.170 Acres

Property Description:

Very rare opportunity to own a 5 unit multi family money making property! All units are well maintained and the property is ideally located off Broadway in Pawtucket with easy on and off access to the highway. From this location you are just minutes away from everything in Pawtucket and Providence as well. All units are currently occupied with tenants that are month to month and there is plenty of parking available with a 2 stall garage and 7 other parking spots available for tenants. Monthly rent from the property currently totals $4,200 and the cap rate is 7.98. This property also offers a newer roof, newer heating system, lovely vinyl siding, a spacious farmers porch and over 3,200 square feet of living space. Wow! You do not want to miss this opportunity so call today to schedule a showing!

Primary Features

County: Providence
Property Sub Type: Commercial
Property Type: Commercial Sale
Year Built: 1900
Zoning: RD

Interior

Basement Type: Full
Cooling Type: None
Heating Type: Hot Water
Stories Total: 2

External

Building Features: Public Restrooms
Construction Materials: Other
Electric: 200+ Amp Service
Fencing: Fenced
Foundation Details: Combination, Stone
Lot Size Square Feet: 7405
Number Of Buildings: 1
Number Of Units In Community: 5
Number Of Units Total: 5
Parking Total: 9
Road Surface Type: Asphalt
Sewer: Connected
Utilities: Natural Gas Connected, Sewer Connected
Water Source: Connected

Location

City: Pawtucket
Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, High Traffic Location, Sidewalks

Additional

Possible Use: Multi-Family, Residential

Financial

Possession: Negotiable
Tax Annual Amount: 4652
Tax Assessed Value: 321600
Tax Lot: 0069
Tax Year: 2020
Tenant Pays: Cable TV, Electricity, Sewer, Water

Zoning Info


Area Info


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. Information is deemed reliable but is not guaranteed. © 2024 RI State-Wide MLS (RIS). All rights reserved. Listed by KAM Realty. Data last updated: Thursday, March 28th, 2024 at 01:16:11 PM.

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