8 King Street 12, Pawtucket, RI 02860

$799,900

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List Price
$799,900
Price Change
▼ $50,000 1784230124
MLS#
1415838
Status
ACTIVE UNDER CONTRACT
Type
Commercial
City
Pawtucket
County
Providence
Year Built
1920

Property Description

This well-maintained multi-family property in Pawtucket features two buildings comprising five rental units. The front building includes three spacious 3-bedroom units, while the rear building offers two comfortable 2-bedroom units. Each unit is currently occupied by long-term tenants, providing a stable income stream for potential investors. The property also boasts updated parking facilities, enhancing convenience for residents. With a positive cap rate, this investment opportunity is ideal for those looking to expand their real estate portfolio in a growing area. The strategic layout and consistent occupancy make it a solid choice for both seasoned and new investors alike. ### Highlights - Two buildings with five rental units total. - Front unit: three 3-bedroom apartments. - Rear unit: two 2-bedroom apartments. - Updated parking facilities available. - Long-term tenants in place ensure stable income. - Positive cap rate appealing to investors.

Additional Information

Basement
Full

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Listing courtesy of Listing Agent: Robin Pastore from Listing Office: CENTURY 21 Gonsalves - Pastore.

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