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
October 1, 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
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 Libby Kirwin Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 8:33 PM UTC, 10/1/2024.