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78 - 78 1/2 Japonica Street, Unit#5 Pawtucket

$285,000
0 8,638 sq ft

The Property

Apartment complex- 2 buildings, vinyl sided, the two buildings sitting on front lot # 77 which is (4319sqft lot), back lot # 46 vacant which is (4319) Possibilities! This back lot connects to back street (Lilac) see plat map. A 3 family & 2 family. Front building consists of 3 family, two 3bed units, and one 2bed unit. The back building consists of a 2 family, two 2bed units and extra space on 3rd floor.

Fully rented – cash flows, Annual income $45,540, – Expenses $14,497. Cap Rate 8.8%, Cash-on-Cash Return 14 %! Fire Alarm up to code.

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Listing Details

MLS Number

1192233

Lot Size:

0.20 acres

Features

  • Basement: Full
  • Heating: Baseboard, Forced Water, Gas Connected, Gas on Gas
  • Year Built: 1900

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