New investment opportunity. Cash-flowing, fully occupied 5-unit apartment building. Investor opportunities like this do not come around often. Producing income from day one with stable, long-term tenants already in place. Very little maintenance required and low expenses. Secure a stabilized income-producing asset in one of RI's strongest rental markets. Whether you are a seasoned investor, completing a 1031 Exchange, or looking to add a high-performing property to your portfolio, this building checks every box. Contact list agent for the rent roll, financials and to schedule your private showing.
Furnished Remarks:
Unfurnished
Utilities
Electricity Available,Natural Gas Not Available,Municipal Utilities,Water Connected,Sewer Connected
Lot Description:
Corner Lot
Amenities:
Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
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Listing courtesy of Real Broker, LLC 855-450-0442
71 Roberts Street, West Warwick, RI, 02893
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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