60 Washington St - Apartments FOR SALE


Bristol, RI 02809
$1,390,000 USD
401-301-9002
60 Washington St, Bristol, RI for Sale
$1,390,000 USD
Apartments - FOR SALE
1/8
null | 7.07% Cap Rate

60 Washington St
Bristol, RI 02809


HIGHLIGHTS

  • Downtown Bristol
  • Walk to water & Bike Path
  • Town Park Across the street.
  • Rental Upside

OVERVIEW

Introducing an exceptional investment opportunity in the sought-after East Bay area, this charming low-rise property boasts a 6,816 SF building with 6 units, offering a blend of historic character and modern convenience. Built in 1920 and zoned R-6, the property enjoys full occupancy, presenting a stable income stream for the discerning investor. This property is just outside the Bristol Historic District. Each unit showcases timeless architectural details and comfortable living spaces, appealing to tenants seeking a blend of tradition and contemporary living. With its attractive rental history and prime location, this well-maintained property promises a strong return on investment in the thriving multifamily market.

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

6

PRICE/UNIT

$231,667

CAP RATE

7.07%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-6

APN/PARCEL ID

BRIS-000006-000000-000059

ASK ABOUT THIS PROPERTY

Brian ClarkNAI AdvisorsMore Info
401-301-9002

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Brian ClarkNAI AdvisorsMore Info
401-301-9002

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