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Listing Details

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Description

Fantastic well maintained investment opportunity, with positive cash flow, in the heart of downtown Pascoag. This property has a full fire alarm system, coin operated laundry in the basement, lots of off-street parking in a paved rear parking lot, separate heating systems, oil tanks and electric meters for each individual unit, a beautiful back yard and more. The rents have been kept well below the current rental market due to long term tenants who have been there up to 26 years. Gas is available to the building. Gas line has been brought to the building. Profit/Loss statements, and expenses are available. One unit remains vacant at owner's choice. After 34 years of ownership, the owners have decided to retire and pass this desirable property on to the next investor.

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© 2021 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: 2021-09-16T23:48:57.63.
www.onshorerealtors.com/homes/121119367
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74 Sayles Avenue Burrillville, RI 02859

  • Price: $535,000
  • Status: Active
  • MLS #: 1292666
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Beds
0
Baths
0
½ Baths
0.49
Acres
1900
Built
Neighborhood:
Pascoag
County:
Providence
Area:
Burrillville
Property Description
Fantastic well maintained investment opportunity, with positive cash flow, in the heart of downtown Pascoag. This property has a full fire alarm system, coin operated laundry in the basement, lots of off-street parking in a paved rear parking lot, separate heating systems, oil tanks and electric meters for each individual unit, a beautiful back yard and more. The rents have been kept well below the current rental market due to long term tenants who have been there up to 26 years. Gas is available to the building. Gas line has been brought to the building. Profit/Loss statements, and expenses are available. One unit remains vacant at owner's choice. After 34 years of ownership, the owners have decided to retire and pass this desirable property on to the next investor.
Exterior Features

Construction Materials Frame Foundation Details Combination Levels Three Or More Parking Total 12

Interior Features

Basement Full Basement YN Yes Cooling None Furnished Unfurnished Heating Baseboard

Property Features

Community Features Near HospitalNear SchoolsPublic TransportationShoppingStreet LightsSidewalks Current Use Multi-Family Electric Circuit Breakers Land Lease YN No Laundry Features Common AreaLaundry Room Operating Expense 0 Owner Pays InsuranceSewerTaxesTrash CollectionWater Possible Use InvestmentMulti-Family Property Sub Type Commercial Road Frontage Type City Street Road Surface Type AsphaltPaved Security Features Carbon Monoxide Detector(S)Fire AlarmFire Escape Sewer Connected Tax Annual Amount 5443 Tax Assessed Value 340000 Tax Lot 114 Tax Year 2020 Tenant Pays Air ConditioningCable TvElectricityHeatHot Water Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer Connected Water Source Public

Listing information © 2021 State-Wide Multiple Listing Service.
Listing provided courtesy of Benmar Realty.





© 2021 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: 2021-09-16T23:48:57.63.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891