130 Water Street, Warren, RI 02885

$1,300,000
List Price
$1,300,000
MLS#
1362311
Status
ACTIVE
Type
Commercial
City
Warren
County
Bristol
Year Built
1900

Property Description

Incredible investment opportunity! This 8-unit multifamily building offers a stellar 10% cap rate, making it a smart addition to your portfolio. The owner is open to seller financing with 30% down, facilitating an easier purchase. Each unit features one bedroom and one bathroom, ensuring consistent demand and ease of management. All units are currently fully occupied, providing immediate rental income. For added tenant comfort, 6 units are equipped with mini splits. Profit and loss statement is available upon request, allowing for transparent financial analysis. This property not only promises solid returns but also presents potential for upgrades to boost profitability. Don't miss out on this lucrative chance to enhance your investment portfolio with a high-performing asset. Contact us today to learn more and arrange a viewing!

Additional Information

Sewer
Connected
Taxes
$9,365

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 The Seyboth Team. Contact:

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated: