144-145 Railroad St - Apartments FOR SALE


Manville, RI 02838
$1,500,000 USD
508-726-3492
144-145 Railroad St, Manville, RI for Sale
$1,500,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

144-145 Railroad St
Manville, RI 02838


OVERVIEW

Investors take note! This income-generating 7 unit offers plenty of cashflow with updated market rent. Five units include 3 spacious bedrooms, dine-in kitchens and open living room area. One unit offers 2 bedrooms with the same layout and the last unit is a spacious studio. 6 of the 7 units have been completely renovated and offer access to a shared front balcony. Off-street parking for up to 10 cars (each unit has one parking spot) with plenty of street parking as well. Property is up to fire code and complete with new electrical, boilers, and hot water heaters. $9500/monthly income. Do not miss out on this fully-occupied opportunity. Schedule a showing today!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

7

PRICE/UNIT

$214,286

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

10

LAND DETAILS

LAND ACRES

7.14 AC

LAND SF

311,018 SF

ZONING

BL05

APN/PARCEL ID

LINC-000037-002100-000000

ASK ABOUT THIS PROPERTY

Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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