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$750,000
108 Days On Site

200 Cross
Central Falls, RI 02863

For Sale|Commercial Sale|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1900
Built
County:
Providence
Call Now: (401) 426-4778
Is this the home for you? We can help make it yours.
(401) 426-4778
200 Cross200 Cross200 Cross200 Cross
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Monthly Payment (Est.)

$3,422
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

This property is a prime investment opportunity with a strong 10.5% cap rate, ideal for investors seeking high returns. It features six units on a single lot, including five well-maintained residential units with two bedrooms each, updated bathrooms, refinished flooring, and efficient Navien heating systems. All units are rented month-to-month, providing flexibility to adjust rents and maximize returns. Rents include heat and hot water, ensuring high occupancy due to strong demand, particularly given the property's proximity to the Pawtucket/Central Falls Station. A fully operational bar generates over $56K in net income annually and comes equipped with all licenses, inventory, furnishings, and a robust security system. This business has proven income potential with room for growth. The property also offers potential for expansion at the back for additional parking, further enhancing its value. With easy access to downtown, I-95, and major transport links to Providence and Boston.

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Listing Snapshot
Price 
$750,000
Days On Site 
108 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1900
MLS® Number 
73285312
Status 
Pending
Property Tax 
$5,620
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 months agoStatus changed to Pending
4 months agoListing first seen on site
General Features
Acres 
0.11
Sewer 
Public Sewer
Water Source 
Public
Zoning 
M-1
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Exterior Features
Roof 
Shingle
Listing courtesy of Alexander Parmenidez of Coldwell Banker Realty



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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