203 205 Hunt Street, Central Falls, RI, 02863
1920
Welcome to this exceptional investment opportunity, featuring a well-maintained residential building with 8 spacious one-bedroom units. Each unit offers comfortable living spaces, making them highly desirable for tenants. The property boasts durable vinyl siding and roofs, both of which were updated 12 years ago, ensuring low maintenance and long-term durability. In addition to the residential units, the property includes a large garage, currently not rented. This presents an excellent opportunity to generate additional rental income or utilize the space for various purposes. Furthermore, there is a potential area within the property to create a 9th unit, perfect for a studio apartment, adding even more value to this investment. This property is an ideal 1031 exchange project, offering significant opportunities for a buy-and-hold strategy or a value-add project. With its solid structure and potential for increased revenue, this is a prime investment for savvy investors looking to expand their portfolio.
Status:
Pending
Type:
Commercial
Laundry Remarks:
Common Area
Units:
8
Zoning:
R
Heating:
Baseboard, Hot Water
Cooling:
None
Basement:
Full
Parking:
10-car
Est. Taxes:
$12,758
Assessment
$687,500
Permitted Use
Residential
Construction
Frame
Utilities
Natural Gas Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
Amenities:
Public Transportation, Sidewalks
Days on Market:
18
MLS #:
1362366
Community Info
School Info
Walk Score
Mass Transit
Yelp
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