198 200 Cross Street,  Central Falls  (02863)

$849,900

9 bedrooms 9   7 bathrooms 7   5293 square feet 5,293
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PROPERTY DETAILS

Address: view address
Central Falls, RI 02863
Map Location
Features: Forced Air, Multi-level
Bedrooms:9Bathrooms:6 (full: 6)
Square Feet:5,293 sq.ft.Lot Size:0.11 acres
Year Built:1900Property Type:MultiFamily
Neighborhood:Central Falls Train StationCounty:Providence
List Date:2024-01-24Listing Number:1351322
Listed By:Coldwell Banker RealtyVirtual Tour:Click Here

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.

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Interior

Ceramic Tile Flooring:YesForced Air:Yes
Hardwood Floors:YesHot Water Heat:Yes
Laminate Flooring:YesNatural Gas Heat:Yes

Exterior

Brick Exterior:YesTotal Above Grade Finished Sq Ft:5,293.00
Vinyl Siding:Yes

Property and Lot Details

Frontage:50.00Lot Acres:0.11
Lot Number:310.00Lot Sqft:5,000.00
Public Sewer:YesPublic Water:Yes
Subdivision:Central Falls Train StationTaxes:5,216.00
Transaction Type:SaleYear Built:1900

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Coldwell Banker Realty