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903 Dexter Street

Central Falls, RI 02863
  • $1,200,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 1302674
$1,200,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,630
    SQFT
  • $113
    $/SQFT
Type:
Commercial
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-flowing investment property. This is the one, it consists of 3 separate buildings, comprised with 8 units with 3 bedrooms, and 1 unit with one bedroom, and the commercial space is a hairdresser business. Totaling to 10 units fully rented, and all utilities are separate and are paid for by the tenants. Long-standing tenants in place some 40+years resulting in 30% below market rents. 909 Dexter has 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 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 $104,400 and anyone willing to work the property will realize a substantial income well 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: 2022-05-16T23:37:57.56.
www.onshorerealtors.com/homes/126039751
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903 Dexter Street Central Falls, RI 02863

  • Price: $1,200,000
  • Status: Active
  • On Site: 83 Days
  • MLS #: 1302674
0
Beds
0
Baths
0
½ Baths
0.15
Acres
10,630
SQFT
$113
$/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-flowing investment property. This is the one, it consists of 3 separate buildings, comprised with 8 units with 3 bedrooms, and 1 unit with one bedroom, and the commercial space is a hairdresser business. Totaling to 10 units fully rented, and all utilities are separate and are paid for by the tenants. Long-standing tenants in place some 40+years resulting in 30% below market rents. 909 Dexter has 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 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 $104,400 and anyone willing to work the property will realize a substantial income well above what the property is yielding today.
Exterior Features

Construction Materials FrameMasonry Fencing Fenced Foundation Details Combination Parking Total 12

Interior Features

Basement Full Basement YN Yes Cooling Window Unit(S)Central Air Furnished Unfurnished Heating GasHot Water

Property Features

Business Type Barber/BeautyMixedReal EstateRetail Community Features GolfHighway AccessNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S)High Traffic LocationSidewalks Electric 100 Amp Service Gross Income 104400 Land Lease YN No Laundry Features Common AreaLaundry Room Lease Considered YN No Operating Expense 32575.87 Owner Pays ElectricityInsuranceRepairsSnow RemovalSewerTaxesTrash CollectionWater Possible Use CommercialInvestmentMulti-FamilyMixed UseResidentialRetail Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Paved Security Features Carbon Monoxide Detector(S)Fire AlarmSmoke Detector(S)Security FenceFire Sprinkler SystemSecurity Lights Sewer ConnectedPublic Sewer Structure Type ApartmentMulti Family Tax Annual Amount 15051.08 Tax Assessed Value 589200 Tax Lot 60 Tax Year 2021 Tenant Pays Air ConditioningCable TvElectricityGasHeatHot Water Utilities Electricity AvailableNatural Gas AvailableNatural Gas ConnectedSewer ConnectedWater Connected Water Source ConnectedPublic

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: 2022-05-16T23:37:57.56.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891