198 Cross Street
Central Falls, RI 02863 (MLS #1351332)
Units
6
Land SqFt
5,000
Square Ft.
5,296
For Sale
Commercial
$849,900
ATTENTION ALL ENTREPRENEURS AND INVESTORS! Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all… Read More inhabitants, pointing to a promising cap rate of 9.6%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready. Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach. In essence, this mixed-use edifice is a rare blend of residential elegance and commercial opportunity, inviting discerning investors to harness its immense potential. Read Less
Features
Units
6
Land SqFt
5,000
Square Ft.
5,296
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Monthly Payment
$0.00
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198 Cross Street
SEE YOU AT THE OPEN HOUSE!
Join us Nov 4th
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