Active

130 Water Street

Warren RI, 02885

$1,300,000


Active

Commercial

Built in 1900

Incredible investment opportunity! This 8-unit multifamily building offers a stellar 10% cap rate, making it a smart addition to your portfolio. The owner is open to seller financing with 30% down, facilitating an easier purchase. Each unit features one bedroom and one bathroom, ensuring consistent demand and ease of management. All units are currently fully occupied, providing immediate rental income. For added tenant comfort, 6 units are equipped with mini splits. Profit and loss statement is available upon request, allowing for transparent financial analysis. This property not only promises solid returns but also presents potential for upgrades to boost profitability. Don't miss out on this lucrative chance to enhance your investment portfolio with a high-performing asset. Contact us today to learn more and arrange a viewing!

1362311

MLS ID

June 24, 2024

Listed

July 13, 2024

Updated

Map

130 Water Street
Warren RI, 02885

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres


Sewer

Connected

Other Property Details

Taxes

$9,365


Tax Frequency

Annually


Days on Market

10


Garage

No


Parking Total

0


View

No


County

BRISTOL


Pool

No


Buyer Agency Compensation

2%

 

Courtesy of Century 21 The Seyboth Team

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 12:13 PM UTC, 7/13/2024.

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