Skip To Content

130 Water Street

Warren, RI 02885
  • $1,300,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 1362311
UPDATED: 16 min ago
$1,300,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Incredible investment opportunity! This 8-unit multifamily building offers a stellar 10% cap rate, making it a smart addition to your portfolio. The owner is open to seller financing with 30% down, facilitating an easier purchase. Each unit features one bedroom and one bathroom, ensuring consistent demand and ease of management. All units are currently fully occupied, providing immediate rental income. For added tenant comfort, 6 units are equipped with mini splits. Profit and loss statement is available upon request, allowing for transparent financial analysis. This property not only promises solid returns but also presents potential for upgrades to boost profitability. Don't miss out on this lucrative chance to enhance your investment portfolio with a high-performing asset. Contact us today to learn more and arrange a viewing!

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2024 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 Onshore Realtors 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 Onshore Realtors. 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: 2024-07-17T08:37:48.343.
www.onshorerealtors.com/homes/151982896
Print Image

130 Water Street Warren, RI 02885

  • Price: $1,300,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 16 min ago
  • MLS #: 1362311
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1900
Built
County:
Bristol
Area:
Warren
Property Description
Incredible investment opportunity! This 8-unit multifamily building offers a stellar 10% cap rate, making it a smart addition to your portfolio. The owner is open to seller financing with 30% down, facilitating an easier purchase. Each unit features one bedroom and one bathroom, ensuring consistent demand and ease of management. All units are currently fully occupied, providing immediate rental income. For added tenant comfort, 6 units are equipped with mini splits. Profit and loss statement is available upon request, allowing for transparent financial analysis. This property not only promises solid returns but also presents potential for upgrades to boost profitability. Don't miss out on this lucrative chance to enhance your investment portfolio with a high-performing asset. Contact us today to learn more and arrange a viewing!
Exterior Features

Construction Materials Frame Steel Parking Total 0

Property Features

Electric Item100 Amp Service Human Modified YN No Land Lease YN No New Construction YN No Property Sub Type Commercial Road Surface Type Concrete Sewer Connected Structure Type Multi Family Tax Annual Amount 9365 Tax Assessed Value 610300 Tax Lot 141 Tax Year 2023 Utilities Sewer Connected

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Century 21 The Seyboth Team: .



[Rhode Island Statewide MLS] logo

© 2024 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 Onshore Realtors 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 Onshore Realtors. 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: 2024-07-17T08:37:48.343.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1362311-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1362311-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1362311-2.jpg
Logo
Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891