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364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls
364 High Street, Central Falls

364 High Street Central Falls

$475,000
0 20,626 sq ft

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The Property

10% Cap Rate, $83,000 in annual gross rents, and cash flow after mortgage estimated at nearly $24,000! (see attached profit and loss for details). Six total units plus a detached 2-car garage on one parcel. One two-family home and one four-family home comprise the 6 units. Very large apartments (some with 2 baths).

The 2-family consists of 1 3-bedroom apartment and 1 4-bedroom apartment with 2 baths. Both apartments boast double parlors. The 4-family consists of 2 2-bedroom units and 2 3-bedroom units. One of the 3-bed units has 2 baths. Tenants pay their own utilities. The property is fire coded with hardwired smokes and COs, and off-street parking for 12 cars or more. Potential for additional rent by renting the garage which needs some work. Large, secluded lot very close to the Pawtucket line. This listing is part of a portfolio consisting of a total of 20 apartments with nearly $300,000 in annual gross rents. See MLS numbers 1244394 (123 Warren Ave, East Providence) and 1244414 (60 East Transit St, Providence) for more info along with attached profit and loss statements. These properties can be sold as a package for the savvy investor or individually by MLS listing.

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Listing Details

MLS Number

1244418

Lot Size:

0.47 acres

Features

  • Basement: Full
  • Type: Apartment,Commercial,Multi Family,Real Estate,Residential
  • Year Built: 1900

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Market Trends for Commercial Properties
in Central Falls

  • Overview
    Homes for Sale Today9-89.8% decrease in inventory
    New on Market *3100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$0 increase in List Price/Sq.Ft.
    Avg. Sale Price *$426,663$426,663 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.57%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$81.52$82 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *288288 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 Keller Williams Realty NRI

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