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203 - 205 Hunt Street Central Falls

$950,000
0 9,840 sq ft

The Property

Welcome to this exceptional investment opportunity, featuring a well-maintained residential building with 8 spacious one-bedroom units. Each unit offers comfortable living spaces, making them highly desirable for tenants. The property boasts durable vinyl siding and roofs, both of which were updated 12 years ago, ensuring low maintenance and long-term durability. In addition to the residential units, the property includes a large garage, currently not rented.

This presents an excellent opportunity to generate additional rental income or utilize the space for various purposes. Furthermore, there is a potential area within the property to create a 9th unit, perfect for a studio apartment, adding even more value to this investment. This property is an ideal 1031 exchange project, offering significant opportunities for a buy-and-hold strategy or a value-add project. With its solid structure and potential for increased revenue, this is a prime investment for savvy investors looking to expand their portfolio.

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Listing Details

MLS Number

1362366

Lot Size:

0.23 acres

Features

  • Basement: Full
  • Heating: Baseboard, Forced Water
  • Laundry
  • Type: Real Estate,Rental,Residential
  • Year Built: 1920

Market Trends for Commercial Properties
in Central Falls

  • Overview
    Homes for Sale Today8-91.7% decrease in inventory
    New on Market *4100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$130.60$131 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$655,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$161 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *201 decrease 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 Real Broker, LLC

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