Providence, RI 02909,275 Pocasset AVE
Providence, RI 02909,275 Pocasset AVE
Providence, RI 02909,275 Pocasset AVE
16
$450,000
$479,000
6.1%
Est.Price: ?

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2,563 SqFt

275 Pocasset AVE Providence, RI 02909

Est. payment /mo
SOLD DATE : 06/04/2024

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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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Listed by Keller Williams Leading Edge
Bought with Keller Williams Leading Edge

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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