Pending

Under Agreement

198-200 Cross St

Central Falls RI, 02863

$735,000


$138.78 per sqft

Pending

Under Agreement

5,296 sqft

Commercial

Built in 1900

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.

73315584

MLS ID

November 25, 2024

Listed

December 14, 2024

Updated

Map

198-200 Cross St
Central Falls RI, 02863

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres


Roof

Rubber

Other Property Details

Taxes

$5,620


Tax Frequency

Annually


Garage

No


Parking Total

0


View

No


County

Providence


Pool

No


Zoning

M-1

Listing History

Date

Event

Price

12/14/2024

Pending

 

Courtesy of Alexander Parmenidez, Coldwell Banker Realty

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Data last updated 2:18 AM UTC, 12/14/2024

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