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5 Morrill Lane, North Providence

5 Morrill Lane North Providence

$4,300,000
40,510 sq ft

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The Property

ATTENTION INVESTORS An exceptional and rare investment opportunity in North Providence! This meticulously maintained condo townhouse complex consists of 12 well-appointed residential units. Each unit offers three levels of living space, featuring 3 spacious bedrooms, 2.5 baths, and generous outdoor deck/patio areas on every floor. Each unit also boasts a garage and driveway space for added convenience. With central heating and A/C throughout, these units offer year-round comfort.

All units are fully rented, ensuring a steady income stream and making this a highly profitable investment. Situated in a prime, highly sought-after location, this is a must-see for investors seeking a stable and lucrative property. Don’t miss this incredible opportunity to add a high-performing asset to your portfolio with lots of upside rental potential! Great opportunity to buy all condos and split up to sell separately, approximately $600k profit!

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Listing Details

MLS Number

1379922

Lot Size:

0.93 acres

Features

  • Laundry
  • Suburban
  • Year Built: 2005

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Market Trends for Commercial Sale
in North Providence

  • Overview
    Homes for Sale Today12-40% decrease in inventory
    New on Market *0-100% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$0 increase in List Price/Sq.Ft.
    Avg. Sale Price *$475,000$475,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.00%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *4545 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 The Seyboth Team

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