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$699,999
145 Archambault Avenue, West Warwick, RI, 02893
8
Beds
8
Baths
OFFERS DUE TUESDAY 4/30 BY 11 PM. Rare 8-unit apartment building. 7 one bedroom apartments and 1 studio. This asset produces over $105,000 in gross income annually yielding an NOI of approximately $60,000. Several of the apartments have been renovated in the last few years. A brand new high efficiency heating system with indirect hot water tank was installed within past 6 years servicing all apartments with heat and hot water which is included in tenant rent. Tenants only pay their own electricity. Off-street parking for 8 cars, fully fire coded, fully occupied make this the perfect turn-key investment property!
Offered By
Premier Properties RI
Property Details
Property Type
Residential Income
Status
Pending
Bedrooms
8
Bathrooms (Full)
8
Property Sub Type
Multi Family
MLS #
1357398
Flooring
Ceramic Tile, Hardwood, Laminate
Appliances
Gas Water Heater, Water Heater
Heating
Baseboard, Gas
Cooling
None
Utility Features
Sewer Connected
SEWER
Connected
WATER SOURCE
Connected
Year Built
1900
Basement
None
PARKING SPACES
8
Parking Features
No Garage
CITY
West Warwick
SUBDIVISION
Arctic
COUNTY
Kent
STATE
RI
SENIOR COMMUNITY
No
TAX AMOUNT
9739.0
HOA FEE
0.0
HOA FREQUENCY
Annually
LATEST UPDATE
2024-05-03T15:48:41.697Z
DAYS ON MARKET
10
PRICE CHANGE(S)
$699,999 Apr 23, 2024
Property Details
Property Type
Residential Income
Status
Pending
Bedrooms
8
Bathrooms (Full)
8
Property Sub Type
Multi Family
MLS #
1357398
New Properties On Market
64
113%
Increase In New Listings
Average Asking Price
$362,603
$44,595 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$214
$17 Increase In List Price/Sq. Ft.
Average Days On Market
6
14 Day
Decrease In Days On Market
Data as of May 03, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2021 State-Wide Multiple Listing Service. All rights reserved.
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