Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.
- Construction:
- Frame
- Flooring:
- Tile, Vinyl
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 4
- Tax Year:
- 2024
- Status:
- Active
- Price Per Sqft:
- $164
- Zoning:
- RES
- No Units:
- 6
- Orig Price:
- $1,050,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Pawtucket
- State:
- RI
- County:
- Providence
- Postal Code:
- 02861
- Longitude:
- W72° 37' 41.2''
- Latitude:
- N41° 53' 34.1''
Residential Income
735 Broadway, Pawtucket, Rhode Island
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,050,000
- Bedrooms :
- 12
- Rooms :
- 24
- Total Bathrooms :
- 6.5
- Full Bathrooms :
- 6
- Half Bathrooms :
- 1
- Square Footage :
- 6,420 Sqft
- Year Built :
- 1930
- Lot Area :
- 0.05 Acre
- Listing ID :
- 73471060
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
