130 Water St, Warren, RI

$1,300,000

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About 130 Water St

Incredible investment opportunity! This 8-unit multifamily building offers a stellar 10% cap rate, making it a smart addition to your portfolio. The owner is open to seller financing with 30% down, facilitating an easier purchase. Each unit features one bedroom and one bathroom, ensuring consistent demand and ease of management. All units are currently fully occupied, providing immediate rental income. For added tenant comfort, 6 units are equipped with mini splits. Profit and loss statement is available upon request, allowing for transparent financial analysis. This property not only promises solid returns but also presents potential for upgrades to boost profitability. Don't miss out on this lucrative chance to enhance your investment portfolio with a high-performing asset. Contact us today to learn more and arrange a viewing!

Pricing and availability subject to change.

Features of 130 Water St

MLS® # 1362311
Price $1,300,000
Square Footage 4051
Acres 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 130 Water St
City Warren
County BRISTOL
State RI
Zip Code 02885

Amenities

Utilities Sewer Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Frame, Steel
Construction Frame, Steel

Additional Information

Date Listed June 24th, 2024
Days on Market 10
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 The Seyboth Team

Listing Map

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