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    117 Waterman Avenue

    North Providence, RI 02911
    • $750,000
    • STATUS: Active
    • ON SITE: 5 days
    • MLS #: 1284829
    New On Site 5 Days Ago
    UPDATED: 34 min ago
    $750,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,610
      SQFT
    • $163
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    Description

    This very well maintained Cash Cow LEGAL 8 units has been owner-occupied and in the same family for many generations. Two buildings have 5 units in one and 3 units in the other. All separate utilities, parking for 8-10 cars, on a bus line, long term tenants and easy access to highways and all amenities. RISE rated and FIRE-coded. Currently producing $80,000 annually with a CAP Rate over 7 (could easily be brought up to 8).

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-06-13T10:37:31.53.
    www.martonegroup.com/homes/117986086
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    117 Waterman Avenue North Providence, RI 02911

    • Price: $750,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 1284829
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    4,610
    SQFT
    $163
    $/SQFT
    1915
    Built
    Neighborhood:
    Centerdale
    County:
    Providence
    Area:
    North Providence
    Property Description
    This very well maintained Cash Cow LEGAL 8 units has been owner-occupied and in the same family for many generations. Two buildings have 5 units in one and 3 units in the other. All separate utilities, parking for 8-10 cars, on a bus line, long term tenants and easy access to highways and all amenities. RISE rated and FIRE-coded. Currently producing $80,000 annually with a CAP Rate over 7 (could easily be brought up to 8).
    Exterior Features

    Construction Materials Frame Fencing Fenced Foundation Details Combination Frontage Length 145 Levels Three Or More Lot Features Corner Lot Parking Total 8

    Interior Features

    Basement Full Basement YN Yes Cooling None Furnished Unfurnished Heating BaseboardForced Air

    Property Features

    Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingHigh Traffic LocationStreet LightsSidewalks Current Use Residential Electric 100 Amp ServiceCircuit Breakers220 Volts Land Lease YN No Laundry Features Common Area Operating Expense 0 Owner Pays InsuranceSewerTaxesWater Possible Use Residential Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Asphalt Security Features Carbon Monoxide Detector(S)Fire AlarmFire EscapeSmoke Detector(S) Sewer ConnectedPublic Sewer Tax Annual Amount 11793 Tax Assessed Value 517000 Tax Lot 43 & 46 Tax Year 2020 Tenant Pays Cable TvElectricityGasHeatInsuranceTelephone Utilities Cable AvailableElectricity AvailableNatural Gas ConnectedMunicipal UtilitiesPhone AvailableWater ConnectedSewer Connected Water Source ConnectedPublic Zoning Rg

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Keller Williams Realty.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-06-13T10:37:31.53.
     
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