$480,000
$530,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
268 West AVE Pawtucket, RI 02860
5,558 SqFt
Key Details
Sold Price $480,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,558 sqft
Price per Sqft $86
Subdivision Woodlawn
MLS Listing ID 1319718
Sold Date 02/10/23
HOA Y/N No
Abv Grd Liv Area 5,558
Year Built 1920
Annual Tax Amount $6,112
Tax Year 2022
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Commercial
Property Description
BACK ON THE MARKET ~ BUYERS FINANCING FELL THROUGH ~ GREAT INVESTMENT OPPORTUNITY: Well maintained corner lot property consists of two spacious storefronts and four residential units as well as ample parking in the rear of the building for tenants. Currently, one of the two retail storefronts is currently operating as a Fish Market and features a kitchen/prep area, an office, bathroom, and plenty of storage space in the back. The second storefront is being used as a merchandise store, with open space, bathroom, storage area, and hardwood floors throughout, as well as separate heating and central air conditioning. The apartment units consist of two 2-bedroom units and two 1-bedroom units each with either electric baseboard heat or gas space heater. All units are occupied with long-term tenants paying below market rents, as well as their own electric and heat. Below market rents have the potential for income growth! Full basement with four hot water tanks and an additional smaller water tank that were all replaced with the last few years. Updated fire system. Connected to City Gas & Water. Property is being sold As Is . Seller/Broker make no representations or warranties and the information herein is subject to revision. Buyer/Buyer's Rep is advised to perform due diligence. This is an excellent opportunity for passive income so do not miss out!
Location
State RI
County Providence
Community Woodlawn
Zoning RM
Rooms
Basement Full
Interior
Heating Forced Air, Space Heater
Exterior
Community Features Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
Utilities Available Sewer Connected, Water Connected
Total Parking Spaces 6
Building
Lot Description Corner Lot
Story 3
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 268270WESTAVPAWT
Financing Private
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