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275 Pocasset AVE Providence, RI 02909
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Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,563 sqft
Price per Sqft $175
MLS Listing ID 1351333
Sold Date 06/04/24
HOA Y/N No
Abv Grd Liv Area 2,563
Year Built 1930
Annual Tax Amount $8,091
Tax Year 2023
Lot Size 3,192 Sqft
Property Description
Located in Silver Lake, a well-established neighborhood on the western edge of Providence, RI, it is home to numerous local favorites. The 5-unit retail rental property is situated on a corner lot with a local park right across the street. Fully rented, this 2500+ sq ft. investment property yields a solid 7.09% cap rate. With a population density of 15K+ per square mile, retailers have plenty of reason to establish and operate their businesses.
Location
State RI
County Providence
Exterior
Utilities Available Natural Gas Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
New Construction No
Others
Tax ID 275POCASSETAVPROV
Financing Conventional
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