109 Market ST

Warren,RI 02885

$ 1260000

13 Beds

5 Baths

5673 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,673 sqft

Price per Sqft $222

MLS Listing ID 1373579

Bedrooms 13

Full Baths 5

Year Built 1920

Annual Tax Amount $9,748

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

Exciting Opportunity to Invest in a Turnkey 5-Family Gem.
This unique property consists of two buildings on one lot, offering a total of five apartments.
The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment. All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance.
One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.

Location

State RI

County Bristol

Interior

Heating Baseboard,Gas

Cooling None

Flooring Ceramic Tile,Hardwood

Laundry Common Area

Exterior

Parking Features Detached

Garage Spaces 2.0

Utilities Available Sewer Connected

Building

Sewer Connected

Water Connected

Structure Type Vinyl Siding

New Construction No

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