198-200 Cross Street Central Falls, RI 02863
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Monthly Payment (Est.)
$3,422This property boasts a cap rate of over 10%, making it a true gem for savvy investors. Featuring six units on a single lot, it includes five meticulously maintained residential units, each with two spacious bedrooms, freshly painted interiors, refinished flooring, modern bathrooms, and Navien heating systems. Each unit has its own circuit breaker for added convenience, and a newly installed, fully coded fire alarm system ensures safety.The property also includes a fully operational bar, generating over $56K in net income. The bar comes with licenses, inventory, stylish furniture, television, and a robust security system—ideal for a restaurant, bar, or lounge.Located close to downtown, with easy access to I-95 and the Pawtucket/Central Falls Station, this property is also conveniently near Providence and Boston. With room for rent growth, this mixed-use building is an attractive proposition for discerning investors. Don’t miss out on this remarkable investment treasure!
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $750,000 | |
| 5 months ago | Price changed to $849,900 | |
| 9 months ago | Listing first seen online |
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Data Last Updated at 2024-07-27 02:40 AM UTC
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