141 Archambault Ave, West Warwick, RI

$699,900

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3,600

Square feet

About 141 Archambault Ave

OFFERS DUE TUESDAY 4/30 BY 11 PM Rare 8-unit apartment building. 7 one bedroom apartments and 1 studio. This asset produces over $105,000 in gross income annually yielding an NOI of approximately $60,000. Several of the apartments have been renovated in the last few years. A brand new high efficiency heating system with indirect hot water tank was installed within past 6 years servicing all apartments with heat and hot water which is included in tenant rent. Tenants only pay their own electricity. Off-street parking for 8 cars, fully fire coded, fully occupied make this the perfect turn-key investment property!

Pricing and availability subject to change.

Features of 141 Archambault Ave

MLS® # 1357177
Price $699,900
Square Footage 3,600
Square Footage 4356
Acres 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Commercial
Status Pending

Community Information

Address 141 Archambault Ave
Subdivision Arctic
City West Warwick
County Kent
State RI
Zip Code 02893

Amenities

Utilities Sewer Connected, Electricity Available, Municipal Utilities, Natural Gas Available, Natural Gas Connected, Water Connected
Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Heating Hot Water, Baseboard
Cooling None
Fireplace No
# of Stories 2
Stories 2
Has Basement No
Basement None

Additional Information

Date Listed April 22nd, 2024
Days on Market 11
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficePremier Properties RI

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