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74 Bouvier Avenue

Lincoln, RI 02838
  • $375,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 1326074
UPDATED: 183 min ago
$375,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,624
    SQFT
  • $143
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

ATTN: Seller Financing considered for Qualified Prospective Purchasers. Must Inquire and be handled on case-by-case basis, terms appear favorable and flexible. This property offers some good potentials for the enjoyment of an occupant owner or an investor. Featuring 5+ rooms, 3 bedrooms per unit, a full basement accessed both from within and also the rear exterior walkout, a garage/barn in rear, private fenced-in rear yard and parking. Its mechanical state appears stable and improved. 1st floor unit currently separated from the rear, but could easily be reunited into one whole larger unit with 2 full baths. property offers 2 separate gas meters and 2 separate heating systems (one forced hot water by gas, and another forced hot air by gas), Electrical systems improved and also separate, 2 gas hot water heaters owned, 1 just installed in 2022. Although owners presently choose to pay for heating, this is an option not required to be carried forward. All tenants are currently under expired leases, and thus on monthly tenancy at will merely. Rents could be raised to current market value, as they now are a bit low. Shared Driveway as an easement appurtenant enshrined in the deed. Property may not qualify for an FHA 203-B or VA Financing Mortgage Loan Programs. Overall, this blends in as good opportunity for the market

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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: 2023-01-26T23:37:49.273.
www.onshorerealtors.com/homes/135210240
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74 Bouvier Avenue Lincoln, RI 02838

  • Price: $375,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 183 min ago
  • MLS #: 1326074
6
Beds
3
Baths
0
½ Baths
0.12
Acres
2,624
SQFT
$143
$/SQFT
1900
Built
Neighborhood:
Manville
County:
Providence
Area:
Lincoln
Property Description
ATTN: Seller Financing considered for Qualified Prospective Purchasers. Must Inquire and be handled on case-by-case basis, terms appear favorable and flexible. This property offers some good potentials for the enjoyment of an occupant owner or an investor. Featuring 5+ rooms, 3 bedrooms per unit, a full basement accessed both from within and also the rear exterior walkout, a garage/barn in rear, private fenced-in rear yard and parking. Its mechanical state appears stable and improved. 1st floor unit currently separated from the rear, but could easily be reunited into one whole larger unit with 2 full baths. property offers 2 separate gas meters and 2 separate heating systems (one forced hot water by gas, and another forced hot air by gas), Electrical systems improved and also separate, 2 gas hot water heaters owned, 1 just installed in 2022. Although owners presently choose to pay for heating, this is an option not required to be carried forward. All tenants are currently under expired leases, and thus on monthly tenancy at will merely. Rents could be raised to current market value, as they now are a bit low. Shared Driveway as an easement appurtenant enshrined in the deed. Property may not qualify for an FHA 203-B or VA Financing Mortgage Loan Programs. Overall, this blends in as good opportunity for the market
Exterior Features

Construction Materials DrywallPlasterAluminum SidingVinyl Siding Covered Spaces 1 Exterior Features PorchPaved Driveway Fencing Fenced Foundation Details Brick/MortarStone Frontage Length 50 Garage YN Yes Parking Features DetachedGarage Parking Total 3 Patio And Porch Features Porch

Interior Features

Appliances Gas Water HeaterOvenRangeRefrigeratorWater Heater Basement Exterior EntryFullInterior EntryUnfinished Basement YN Yes Cooling None Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileLaminateVinylWood Heating BaseboardCentralForced AirGasHot Water Interior Features Tub ShowerCable Tv

Property Features

Attached Garage YN No Community Features GolfNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S)Sidewalks Electric Circuit Breakers220 Volts Inclusions Real Estate Taxes Would Be Reduced By 35% For Owner OccupantsTo $3855.29 +/- (See Attached)Current Rents Are Below Market RateCould Be Raised To Bear Greater income/profit.Owners Currently Pay For Heat For Both UnitsAlthough There Are Separate Systems Servicing The UnitsTherefore This Could Be StoppedAnd Apartments Rented With No Utilities included. All Occupants Are Now Tenants-At-Will On Expired Leases. Land Lease YN No Laundry Features Common AreaIn Unit Listing Terms Owner May Carry Operating Expense 9332 Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic SewerSewer Assessment(S) Tax Annual Amount 4845 Tax Assessed Value 294500 Tax Lot 0242 Tax Year 2021 Tenant Pays Hot Water Utilities Sewer Connected Water Source ConnectedPublicWater Assessment(S) Zoning Rg-7

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Duke Silva Real Estate: [IDXCONTACTINFORMATION].



[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: 2023-01-26T23:37:49.273.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891