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