735 Broadway - Apartments FOR SALE


Pawtucket, RI 02861- Darlington
$1,050,000 USD
401-480-8990
735 Broadway, Pawtucket, RI for Sale
$1,050,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

735 Broadway
Pawtucket, RI 02861
Darlington


HIGHLIGHTS

  • Fully Renovated 5 Residential Units
  • Corner Lot
  • Fire Compliant

OVERVIEW

Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,145 SF

ZONING

CG

APN/PARCEL ID

PAWT-000005-000000-000519

ASK ABOUT THIS PROPERTY

Pete DufresneKeller Williams - Spectrum RE Consultants TeamMore Info
401-480-8990

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Pete DufresneKeller Williams - Spectrum RE Consultants TeamMore Info
401-480-8990

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