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203 Hunt Street

Central Falls, RI 02863
  • $999,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 1344280
UPDATED: 51 min ago
$999,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Welcome to a remarkable investment prospect featuring an 8-unit residential property nestled within a peaceful Central Falls neighborhood. This property offers distinct 4-unit buildings, one of which is equipped with a garage for enhanced value; making this an ideal 1031 exchange. Some highlights include: - Strategic Urban Location: Positioned within the heart of the city, this property enjoys the benefits of city living while its strategic location ensures sustained demand and potential for long-term appreciation. - Two Separate Buildings: The property is divided into two separate residential buildings, each accommodating four units. This configuration simplifies property management while maximizing rental income potential. (Other address is 133-135 Madeira) - One-Bedroom Units: Each of the eight units within this property boasts a comfortable one-bedroom layout, catering to the needs of singles, couples, or urban dwellers looking for quality living spaces. - Steady Rental Income: The prime city location and appealing property features ensure a consistent flow of rental income. Investors can capitalize on the strong rental demand in the area and potentially realize higher rental rates. - Accessibility Advantage: Proximity to major transportation routes simplifies commuting for tenants, adding to the property's allure and allowing for potential rent premiums. Don't miss the chance to secure your financial future. Book your private showing TODAY!

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[Rhode Island Statewide MLS] logo

© 2023 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: 2023-12-01T10:38:10.267.
www.onshorerealtors.com/homes/143528694
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203 Hunt Street Central Falls, RI 02863

  • Price: $999,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 51 min ago
  • MLS #: 1344280
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1920
Built
County:
Providence
Area:
Central Falls
Property Description
Welcome to a remarkable investment prospect featuring an 8-unit residential property nestled within a peaceful Central Falls neighborhood. This property offers distinct 4-unit buildings, one of which is equipped with a garage for enhanced value; making this an ideal 1031 exchange. Some highlights include: - Strategic Urban Location: Positioned within the heart of the city, this property enjoys the benefits of city living while its strategic location ensures sustained demand and potential for long-term appreciation. - Two Separate Buildings: The property is divided into two separate residential buildings, each accommodating four units. This configuration simplifies property management while maximizing rental income potential. (Other address is 133-135 Madeira) - One-Bedroom Units: Each of the eight units within this property boasts a comfortable one-bedroom layout, catering to the needs of singles, couples, or urban dwellers looking for quality living spaces. - Steady Rental Income: The prime city location and appealing property features ensure a consistent flow of rental income. Investors can capitalize on the strong rental demand in the area and potentially realize higher rental rates. - Accessibility Advantage: Proximity to major transportation routes simplifies commuting for tenants, adding to the property's allure and allowing for potential rent premiums. Don't miss the chance to secure your financial future. Book your private showing TODAY!
Exterior Features

Foundation Details Concrete Perimeter Parking Total 8

Interior Features

Basement Full Basement YN Yes Cooling None Cooling YN No Heating Baseboard Central Common Heating YN Yes

Property Features

Business Type Storage Community Features Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Electric Item200 Amp Service Human Modified YN Yes Land Lease YN No Laundry Features Common Area New Construction YN No Owner Pays Common Area Maintenance Exterior Maintenance Gas Heat Hot Water Insurance Repairs Snow Removal Sewer Taxes Trash Collection Water Possible Use Multi Family Residential Property Sub Type Commercial Road Surface Type Asphalt Security Features Carbon Monoxide Detectors Fire Alarm Smoke Detectors Sewer Connected Structure Type Multi Family Tax Annual Amount 12025 Tax Assessed Value 687800 Tax Lot 68 Tax Year 2023 Tenant Pays Electricity Utilities Cable Available Electricity Available Fiber Optic Available Natural Gas Available Natural Gas Connected Phone Available Sewer Connected Water Source Connected Zoning R3

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Rise Rec: .



[Rhode Island Statewide MLS] logo

© 2023 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: 2023-12-01T10:38:10.267.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891