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175 Valley Street

Central Falls, RI 02863
  • $1,200,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1313532
UPDATED: 158 min ago
$1,200,000
  • 27
    BEDS
  • 0.11
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 10,250
    SQFT
  • $117
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Excellent opportunity to own 10 Units package, ideal for 1031 Exchange, or if you are simply looking for a cash-flowinginvestment property. This is the one, it consists of 3 separate buildings, comprised with 8 units with 3 bedrooms, and 1 unit withone bedroom, and the commercial space is a hairdresser business. Totaling to 10 units fully rented, and all utilities are separateand are paid for by the tenants. Long-standing tenants in place for some 40+years resulting in 30% below market rents. 909 Dexterhas 4 units mixed-use located in front 903 Dexter is a 3 residential unit in Rear and 175 Valley building has 3 residential units.Ample parking is available with 13 spaces! Nested in the middle of Central Falls with easy access to all major highways, shopping,and much more. The current gross income is $110,400 and anyone willing to work the property will realize a substantial incomewell above what the property is yielding today

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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 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: 2022-07-05T23:37:38.537.
www.onshorerealtors.com/homes/130065815
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175 Valley Street Central Falls, RI 02863

  • Price: $1,200,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 158 min ago
  • MLS #: 1313532
27
Beds
9
Baths
0
½ Baths
0.11
Acres
10,250
SQFT
$117
$/SQFT
1900
Built
County:
Providence
Area:
Central Falls
Property Description
Excellent opportunity to own 10 Units package, ideal for 1031 Exchange, or if you are simply looking for a cash-flowinginvestment property. This is the one, it consists of 3 separate buildings, comprised with 8 units with 3 bedrooms, and 1 unit withone bedroom, and the commercial space is a hairdresser business. Totaling to 10 units fully rented, and all utilities are separateand are paid for by the tenants. Long-standing tenants in place for some 40+years resulting in 30% below market rents. 909 Dexterhas 4 units mixed-use located in front 903 Dexter is a 3 residential unit in Rear and 175 Valley building has 3 residential units.Ample parking is available with 13 spaces! Nested in the middle of Central Falls with easy access to all major highways, shopping,and much more. The current gross income is $110,400 and anyone willing to work the property will realize a substantial incomewell above what the property is yielding today
Exterior Features

Construction Materials DrywallPlasterMasonryShingle SidingWood Siding Covered Spaces 0 Exterior Features BalconyDeckPorch Foundation Details Combination Garage YN No Parking Features No Garage Parking Total 13 Patio And Porch Features BalconyDeckPorch

Interior Features

Appliances Electric Water HeaterOvenRangeRefrigerator Basement Exterior EntryFullInterior EntryUnfinished Basement YN Yes Cooling Window Unit(S)Central Air Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileHardwoodVinyl Heating GasOilSpace Heater Interior Features AtticPermanent Attic StairsTub Shower Window Features Thermal Windows

Property Features

Business Type Other Electric 100 Amp Service200+ Amp Service Land Lease YN No Laundry Features Common Area Operating Expense 32500 Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Structure Type Apartment Tax Annual Amount 2021 Tax Assessed Value 592600 Tax Lot 60 Tenant Pays Hot Water Utilities Sewer Connected Water Source Public

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Keller Williams Coastal.





© 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 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: 2022-07-05T23:37:38.537.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891