31
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$735,000
Est. payment /mo
5,296 SqFt
New
198-200 Cross St Central Falls, RI 02863
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UPDATED:
11/29/2024 08:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,296 sqft
Price per Sqft $138
MLS Listing ID 73315584
HOA Y/N false
Year Built 1900
Annual Tax Amount $5,620
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready.
Location
State RI
County Providence
Zoning M-1
Direction dexter to cross
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 110 Volts
Roof Type Rubber
Others
Senior Community false
Listed by Coldwell Banker Realty
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