Homes for sale - 200 Cross ST, Central Falls, RI 02863

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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$735,000

Est. payment - /mo

5,293 SqFt

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UPDATED:

12/14/2024 01:51 AM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 5,293 sqft

Price per Sqft $138

MLS Listing ID 1373300

HOA Y/N No

Abv Grd Liv Area 5,293

Year Built 1900

Annual Tax Amount $5,620

Tax Year 2024

Lot Size 4,792 Sqft

Property Description

A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready. Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach. In essence, this mixed-use edifice is a rare blend of residential elegance and commercial opportunity, inviting discerning investors to harness its immense potential.

Location

State RI

County Providence

Zoning M-1

Rooms

Basement Full

Interior

Heating Forced Air, Gas, Hot Water

Cooling Window Unit(s)

Furnishings Unfurnished

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, High Traffic Location, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected

Street Surface Asphalt,Concrete,Paved

Building

Story 3

Foundation Stone

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 3

Structure Type Frame

New Construction No

Others

Tax ID 200CROSSSTCFLS

Security Features Security System Owned,Fire Alarm,Smoke Detector(s),Building Security,Security Service

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Listed by Coldwell Banker Realty

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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200 Cross ST Central Falls, RI 02863

Sheena Ruggirello

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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