157 - 161 Smith Street, Cranston

157 - 161 Smith Street Cranston

$715,000
0 3,525 sq ft

Map View Street View

The Property

6 UNIT, 8 CAP, $81,000 yearly gross income. An excellent opportunity to 1031-Exchange or collect rental income. This six unit located in the desirable Edgewood section of Cranston features 4 one-bedrooms with private entrances, and 2 studios. All units were updated within the past 4 years; new cabinets, granite counters, stainless steel appliances and updated bathrooms.

Hardwood floors and tile. An oversize yard and parking lot overlooking Johnson & Wales Harborside Campus. Convenient location near highways, restaurants, bars and more. Turn key, fully rented with current MONTHLY rental income of $6750, below market, room for rent increase. Currently owner pays all utilities(gas, electric, heat, water & sewer). There are six separate gas meters, hence the gas can be charged back to tenants. FIRE CODED.

Read more

Contact Associate

Listing Details

MLS Number

1275588

Lot Size:

0.22 acres

Features

  • Basement: Full
  • Heating: Baseboard
  • Laundry
  • Type: Apartment,Side/Side,Up/Down
  • Year Built: 1920

View More Photos

Market Trends for Commercial Properties
in Cranston

No data for Cranston

Please try a different search

Listed by Steele Realty Consultants LLC

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!