15 Church St - Apartments FOR SALE


Manville, RI 02838
$1,600,000 USD
401-632-7638
15 Church St, Manville, RI for Sale
$1,600,000 USD
Apartments - FOR SALE
1/7
null | 11.19% Cap Rate

15 Church St
Manville, RI 02838


HIGHLIGHTS

  • 3 buildings: 3-bed single family, triple with 4 beds each.
  • New roof, Navien combo boilers, updated units
  • Fully rented with plenty of parking, separate utilities, and professionally managed.

OVERVIEW

$179,000 annual revenue, with several units increase-ready. Property is 3 buildings, including a 3 bed single family (15 Church St.), a Triple with 4 beds each - all well below market rent, and a 6 unit with 2 beds each. Clean and dry basements. Plenty of parking. Separate utilities. New Navien combo boilers/water heaters. Updated units. New roof on the triple. Close to bus line, highway, shopping, etc. Fully rented. Fire coded and Lead-Safe Certified. Could function as turn-key, or value add in the triple for instant equity. Professionally managed and always maintained.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$127 USD /SF

# OF UNITS

10

PRICE/UNIT

$160,000

CAP RATE

11.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RG-7

APN/PARCEL ID

LINC-000037-001600-000000

ASK ABOUT THIS PROPERTY

Mike MitaRE/MAX FlagshipMore Info
401-632-7638

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Mike MitaRE/MAX FlagshipMore Info
401-632-7638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.