747-751 Broad St - Storefront Retail/Residential FOR SALE


Central Falls, RI 02863
$4,590,000 USD
401-728-2770
747-751 Broad St, Central Falls, RI for Sale
$4,590,000 USD
Storefront Retail/Residential - FOR SALE
1/44
null | 2.37% Cap Rate

747-751 Broad St
Central Falls, RI 02863


HIGHLIGHTS

  • All updates above average units
  • Fully rented with waiting list
  • Easy Conmmute/Parking

OVERVIEW

This is a great opportunity to acquire a complete portfolio of Residential and Mixed-Use Properties totaling 27 units. Units are in Superb, above average conditions. Upgrades include New Kitchens, Baths, Flooring, ceilings, Windows, Gas Boilers, Electric Meters, Vinyl siding, New Asphalt parking lot, Roofs and much more! Income/Expense information can be provided for interested buyers. Property address and breakdown as follows: 747-751 Broad St. consists of 6-4 Bedroom units and 2 Retail stores with off street parking. 753-757 Broad St. consists of 6-1 Bedroom units and 2-2 Bedroom units with 2-Retail/Office units. Also includes a 2000 sq. ft. lot on 19 Sheridan St. for tenants assigned parking spaces. 78-84 Railroad St. consists of 2 Buildings. Front building 4-2 Bedroom units Back Building 4-2 Bedroom units and 1-3 Bedroom unit. Note: All properties have tenant off street parking. Conveniently located near all conveniences, shopping, restaurants, I-95, Pawtucket/Central Falls Commuter Rail Station. If you are looking to expand you portfolio, or seeking solid income, This is the One! Call today for a private showing.

FOR SALE DETAILS

PRICE

$4,590,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

2.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C

APN/PARCEL ID

CENT-000001-000000-000168

ASK ABOUT THIS PROPERTY

Laura DauphinaisCentury 21 Gonsalves-Pastore RealtyMore Info
401-728-2770

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Laura DauphinaisCentury 21 Gonsalves-Pastore RealtyMore Info
401-728-2770

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