West Warwick, RI 02893,71 West Warwick AVE
West Warwick, RI 02893,71 West Warwick AVE
West Warwick, RI 02893,71 West Warwick AVE
13
$845,000
$849,900
0.6%
Est.Price: ?

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0.34 Acres Lot

71 West Warwick AVE West Warwick, RI 02893

Est. payment /mo
SOLD DATE : 11/30/2021

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Key Details

Sold Price $845,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Centerville

MLS Listing ID 1297179

Sold Date 11/30/21

HOA Y/N No

Year Built 1955

Annual Tax Amount $17,021

Tax Year 2021

Lot Size 0.344 Acres

Acres 0.344

Property Description

Exceptionally well maintained 9 Unit multi family property in Centerville! The owner has occupied one of the units since 1977, and pride of ownership is evident throughout. The property is comprised of two buildings. One building, built in 1955, has 6 two bedroom townhouse style apartments. The other building, built around 1900, has 2 two bedroom units, and 1 efficiency / studio apartment. Heat and hot water are common to all of the units, supplied by a gas fired boiler. Owner pays heat, hot water, and common electric (for the onsite laundry room, etc.), tenants pay individual electric service for each unit. All units are occupied, and all tenants are currently month to month, with no leases. All of the current rents are below market rate. The owners gross income is based upon higher proposed market value rents. A complete analytical breakdown is available, together with current rental income and expense documentation.

Location

State RI

County Kent

Community Centerville

Rooms

Basement Full

Interior

Heating Baseboard, Gas, Hot Water, Zoned

Cooling None

Furnishings Unfurnished

Laundry Common Area

Exterior

Utilities Available Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Connected, Municipal Utilities, Sewer Connected, Water Connected

Street Surface Asphalt

Total Parking Spaces 16

Building

Lot Description Corner Lot

Story 2

Foundation Concrete Perimeter

Sewer Connected, Sanitary

Water Connected, Public

Level or Stories 2

Structure Type Frame,Masonry

New Construction No

Others

Tax ID 71WESTWARWICKAVWWAR

Security Features Firewall(s)

Acceptable Financing Lease Back

Listing Terms Lease Back

Financing Cash

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Listed by North Star Realty, LLC
Bought with RE/MAX Professionals

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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