This Property is no longer advertised on Showcase.com.
Off Market
1/17

548 Roosevelt Ave
Central Falls, RI 02863


HIGHLIGHTS

  • Neighborhood of renovated buildings has proven rent demand
  • Lots of natural light
  • Open plan with exposed brick walls and beam construction
  • Warehouse conversion/renovation began in 2019, complete in Summer 2020
  • New windows, electric, plumbing, HVAC, kitchens, baths, en-suite laundry

OVERVIEW

Former industrial building converted to 14 Multi-Family units in 2020-21. Across the street from the "M" development on Roosevelt Avenue. Top finishes, desirable beam and brick construction, hardwood floors. Proforma attached to this listing. 6.8% CAP Rate Portion of roof is new. The older portion will be replaced by owner prior to sale.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Fully Leased Factory Conversion - 14 Units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

19726

STORIES

3

YEAR BUILT

2020

PARKING SPACES

21

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

-

APN/PARCEL ID

CENT-000001-000000-000331