Property Description

Ready to go property, renovated to the studs per previous owner in 2018 and now fully leased. This large corner lot has 4 units with modern finishes throughout including tankless hot water heaters, ductless mini splits in each unit for cooling, electric baseboard heat., laminate flooring throughout, granite counters and SS appliances. The bathrooms are renovated with large vanities & granite countertops, all the tubs/showers are tiled. Unit 3, top floor just leased. Plenty of parking for all tenants and grassy, rectangular shaped back yard running the length of the property. Minutes away from highway Rte. 1, 1A and I95, shopping, restaurants and quick access to Providence. This property is great for an investor that doesn’t want to do a lot of work! Gross income: $82,200 yr. (see attachments)

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Amenities: Highway Access, Laundromat, Public Transportation, Shopping, T-Station
  • Basement Features: Finished, Other (See Remarks)
  • Common Rooms: Kitchen, Living RM/Dining RM Combo
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Ceiling Fans, Internet Available - Fiber-Optic, Stone/Granite/Solid Counters, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dishwasher - ENERGY STAR, Dryer, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Ductless Mini-Split System, Electric, Forced Air, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 82200
  • Gross Expenses: 17236
  • Net Operating Income: 82200

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Electric Oven, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73369264
  • Last Updated: 05/05/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/03/2025New$875,000$248MLSPIN
07/21/2022Sold$815,000$251MLSPIN
06/28/2022Under Agreement$825,000$254MLSPIN
06/14/2022Contingent$825,000$254MLSPIN
06/04/2022Active$825,000$254MLSPIN
05/31/2022Price Change$825,000$254MLSPIN
05/06/2022Active$825,000$254MLSPIN
05/06/2022Active$875,000$269MLSPIN
05/05/2022New$875,000$269MLSPIN
05/02/2022New$875,000$269MLSPIN
05/02/2022Active$875,000$269MLSPIN

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Seller's Representative: Karen O'Brien, Stuart St James, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-05 16:06:00