124 Waterman Avenue, East Providence, RI 02914
sale
$699,000
|
Other
Courtesy Of Slocum Realty
This five-unit property in East Providence is an ideal investment opportunity. The units are in great condition. The property includes 11 off-street parking spots and a two-car garage that could generate extra income. It is located in a great area, making it even more appealing to potential tenants. This building has a proven record of strong rental history for over 20 years. The rents are currently lower than market value. The five units include four one-bedroom units and one two-bedroom unit. In addition to being in great condition, each unit has separate utilities and coin-operated laundry and storage in the basement. One unit is now available to rent, freshly painted, featuring a new bathroom floor and new toilet. It's available instantly with a revised rental rate at your chosen price to immediately boost the cap rate!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 5
- Heating System: Baseboard
- Heating System: Natural Gas
- MLSID: 1380193
- Parking Spaces: 11
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