183-191 Washington Rd - Apartments FOR SALE


Barrington, RI 02806
$5,750,000 USD
425-894-6344
183-191 Washington Rd, Barrington, RI for Sale
$5,750,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

183-191 Washington Rd
Barrington, RI 02806


HIGHLIGHTS

  • 14 well maintained rentals
  • Nearly an acre
  • Suburban locale Great schools. Prime location to all of RI and Southern MA.

OVERVIEW

Highly coveted and scarcely available investment opportunity in Barrington! Great rents and well maintained on nearly an acre. This impressive 14-unit residential complex in one of Rhode Island's most desirable areas sits on nearly an acre just a stone's throw from the beaches, the bike path, schools, and the town center. The property consists of 4 newer buildings, each with 8 high end units all offering 2 bedrooms and 2.5 baths, another well-maintained building, containing 2 units both with 2 bedrooms and 1 bath, and a larger recently converted brick building consisting of 4 high end two-bedroom units, two with 1 bath and two with 1.5 baths. Many units have soaring ceilings, central air, in-unit washer and dryer, and off-street parking. Centrally located with proximity to all of the East Bay, Providence, and Southeastern Massachusetts, this sublime income-generating investment can be yours now!

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$1,234 USD /SF

# OF UNITS

14

PRICE/UNIT

$410,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

44,022 SF

ZONING

NB

APN/PARCEL ID

BARR-000002-000000-000105

ASK ABOUT THIS PROPERTY

Eddie RaydenResidential Properties LtdMore Info
425-894-6344

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Eddie RaydenResidential Properties LtdMore Info
425-894-6344

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