623 Charles St

    Providence, RI 02904
    • $425,000
    • STATUS: Active
    • ON SITE: 42 days
    • MLS #: 1229135
    UPDATED: 19 min ago
    $425,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,900
      SQFT
    • $72
      $/SQFT
    Type:
    Commercial
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Description

    SELLER FINANCING AVAILABLE! This 7 unit cash cow includes two commercial units, five residential units and 5 garages. Commercial units are currently occupied by a barbershop (long term tenant) and a clothing store. With easy access to I-95 and Route 146, it's easy to attract tenants who work at Twin River or Downtown. On bus line and with plenty or parking, this property provides and opportunity to rehab units and command top rents or continue with long term, month-to-month tenants. Plenty of parking and additional income opportunities by adding laundry, storage in basement/attic areas, and charging extra for the garages. Recent improvements include new electrical service, updated windows and new paint for the entire exterior of the building. Building to be fire-coded (negotiable) prior to sale. This property does need work but is well worth the effort. Again, OWNER FINANCING IS AVAILABLE. Bring offers! Note: Square footage in unit descriptions are estimated.

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    © 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Albert Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Albert Realtors. 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. Data last updated: 2019-08-23T16:37:40.363.
    www.albertrealtors.com/homes/96767608

    623 Charles St Providence, RI 02904

    • Price: $425,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 1229135
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,900
    SQFT
    $72
    $/SQFT
    1930
    Built
    County:
    Providence
    Area:
    Providence
    Property Description
    SELLER FINANCING AVAILABLE! This 7 unit cash cow includes two commercial units, five residential units and 5 garages. Commercial units are currently occupied by a barbershop (long term tenant) and a clothing store. With easy access to I-95 and Route 146, it's easy to attract tenants who work at Twin River or Downtown. On bus line and with plenty or parking, this property provides and opportunity to rehab units and command top rents or continue with long term, month-to-month tenants. Plenty of parking and additional income opportunities by adding laundry, storage in basement/attic areas, and charging extra for the garages. Recent improvements include new electrical service, updated windows and new paint for the entire exterior of the building. Building to be fire-coded (negotiable) prior to sale. This property does need work but is well worth the effort. Again, OWNER FINANCING IS AVAILABLE. Bring offers! Note: Square footage in unit descriptions are estimated.
    Exterior Features

    Building Residence Location Urban Onsite Parking Spaces 10 Road Black TarSidewalks Site Sidewalks Type Retail

    Interior Features

    Basement Type Full Loading Door None Number Of Levels 4

    Property Features

    Adult Community YN No Assessment 220900.0000 Electric 100 Amps Elevation Certificate No Green Construction YN No Historic Unknown Multi Family Mixed Use Type Mixed Use Occupancy Close Month To Month Owner Expenses 0.0000 Owner Pays SewerTaxesWater Pl Statement No Present Use Mixed Use Real Estate Taxes 8107.0300 Real Estate Taxes Yr 2018 Reo Or Bank Owned No Sewer Public Connected Short Sale No Subsidized Housing No Total Units In Complex 12 Under Construction No Unit Count 6 Unit Total Rent 5350 Utilities Gas Connected Vacancy Rate 0 Water Supply Connected

    Listing information © 2019 State-Wide Multiple Listing Service.
    Listing provided courtesy of Zen Real Estate Group.





    © 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Albert Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Albert Realtors. 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. Data last updated: 2019-08-23T16:37:40.363.
     
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