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223 Broad Street

Cumberland, RI 02864
  • $725,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 1309633
UPDATED: 28 min ago
$725,000
  • 8
    BEDS
  • 0.39
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,356
    SQFT
  • $535
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Investors Take Note: This is an Amazing turn-key suite of 8 units over 3 buildings! A 5 unit with 1 bed units, a Duplex with a 1 and a 2 bed, and a stand-alone cottage out back that needs to be finished for additional rent. Updates include 10 year young roofs, some vinyl replacement windows and many of the units are on their own brand new Navien gas systems so tenants pay their own utilities and the rest have low reasonable expenses. In addition there are basements in 2 of the buildings, a 2 car garage and plenty of off-street parking. Very serious inquiries Only. Buyers MUST come with recent Proof of Funds or Pre-approval letter. Selling AS IS. CASH or Conventional financing only. Owner is busy with other projects and after many years is ready to sell this absolute Cash Cow! *** MUST be approved for a COMMERCIAL Loan. Parties Will NOT be allowed into property without it. Please email to listing agent ahead of showing. If you show up, showing agent will respectfully request a copy of your current bank statement or Commercial approval before allowing entry. Thank you for your understanding!

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© 2022 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: 2022-05-28T21:37:49.32.
www.martonegroup.com/homes/128532392
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223 Broad Street Cumberland, RI 02864

  • Price: $725,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 28 min ago
  • MLS #: 1309633
8
Beds
4
Baths
0
½ Baths
0.39
Acres
1,356
SQFT
$535
$/SQFT
1920
Built
County:
Providence
Area:
Cumberland
Property Description
Investors Take Note: This is an Amazing turn-key suite of 8 units over 3 buildings! A 5 unit with 1 bed units, a Duplex with a 1 and a 2 bed, and a stand-alone cottage out back that needs to be finished for additional rent. Updates include 10 year young roofs, some vinyl replacement windows and many of the units are on their own brand new Navien gas systems so tenants pay their own utilities and the rest have low reasonable expenses. In addition there are basements in 2 of the buildings, a 2 car garage and plenty of off-street parking. Very serious inquiries Only. Buyers MUST come with recent Proof of Funds or Pre-approval letter. Selling AS IS. CASH or Conventional financing only. Owner is busy with other projects and after many years is ready to sell this absolute Cash Cow! *** MUST be approved for a COMMERCIAL Loan. Parties Will NOT be allowed into property without it. Please email to listing agent ahead of showing. If you show up, showing agent will respectfully request a copy of your current bank statement or Commercial approval before allowing entry. Thank you for your understanding!
Exterior Features

Construction Materials DrywallPlasterWood SidingOther Covered Spaces 0 Foundation Details Combination Garage YN No Parking Features No Garage Parking Total 8

Interior Features

Appliances Gas Water HeaterOvenRangeRefrigerator Basement Exterior EntryInterior EntryPartialPartially Finished Basement YN Yes Cooling None Fireplace YN No Fireplaces Total 0 Flooring LaminateOtherVinylCarpet Heating GasHot Water Interior Features Cable Tv

Property Features

Business Type Other Community Features Highway AccessNear SchoolsPublic TransportationShopping Electric 100 Amp Service Land Lease YN No Operating Expense 9500 Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Tax Annual Amount 5549 Tax Assessed Value 403000 Tax Lot 346 Tax Year 2022 Utilities Sewer Connected Water Source Public

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Re/Max Preferred.





© 2022 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: 2022-05-28T21:37:49.32.
 
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