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$750,000
236 Days Online

198-200 Cross Street
Central Falls, RI 02863

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
5,296
SqFt
$142
/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
198-200 Cross Street198-200 Cross Street198-200 Cross Street198-200 Cross Street
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Mortgage Calculator

Monthly Payment (Est.)

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

This 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!

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Listing Snapshot
Price 
$750,000
Days Online 
236 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,296 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1900
MLS® Number 
73176766
Status 
Active
Property Tax 
$5,216
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
a week agoPrice changed to $750,000
4 months agoPrice changed to $849,900
8 months agoListing first seen online
General Features
Parking Spaces 
0
Acreage 
0.11
Zoning 
M-1
Utilities 
Natural Gas Available
Buyer Agent Compensation 
2%
Facilitator Compensation 
1%
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Exterior Features
Roof 
Rubber
Waterfront Property 
No
Community Features
Senior Community 
No
Adult Care Community 
No
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 2024-06-25 09:40 PM 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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