440 - 436 Main St

    Warren, RI 02885
    • $625,000
    • STATUS: Closed
    • MLS #: 1213882
    Sold - 04/15/2019
    $625,000
    SOLD - 04/15/2019
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,281
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Investors take notice!!! Opportunity to purchase a package of two properties totaling 9 units! Meticulously maintained mixed use property with high CAP rate. High visibility with high traffic, located in Warren's downtown historic shopping district - near restaurants, retail, and historic Cutler Mill. Large, sunny 2 & 3 bedroom apartments over commercial units. The residential units have been renovated with updated high efficiency heating system, electric and fire system. Multi year leases are in place for the commercial units. P&L and floor plans attached!

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    © 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Torrey Real Estate Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Torrey Real Estate Group. 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. Data last updated: 2019-08-25T14:37:26.157.
    www.welchmantorreyrealestate.com/homes/91296653

    440 - 436 Main St Warren, RI 02885

    • Price: $699,000
    • Status: Closed
    • Updated: 27 min ago
    • MLS #: 1213882
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    7,281
    SQFT
    $0
    $/SQFT
    1900
    Built
    Neighborhood:
    Downtown
    County:
    Bristol
    Area:
    Warren
    Property Description
    Investors take notice!!! Opportunity to purchase a package of two properties totaling 9 units! Meticulously maintained mixed use property with high CAP rate. High visibility with high traffic, located in Warren's downtown historic shopping district - near restaurants, retail, and historic Cutler Mill. Large, sunny 2 & 3 bedroom apartments over commercial units. The residential units have been renovated with updated high efficiency heating system, electric and fire system. Multi year leases are in place for the commercial units. P&L and floor plans attached!
    Exterior Features

    Building BrickFrame Foundation Type BrickMixed Location Downtown Onsite Parking Spaces 0 Road High TrafficMunicipalSidewalks Site CornerSecuritySidewalks Type CommercialFood/BeverageRetail

    Interior Features

    Basement Type Full Ceiling Height 7-9 Ft9-12 Ft Cooling NoneWindow Units Heating System Steam Laundry Off Site Loading Door None Number Of Levels 2

    Property Features

    Adult Community YN No Assessment 436100.0000 Community Amenities Jogging PathsRestaurant(S) Electric 400 Amps440+ Volts Elevation Certificate No Gas Connected Green Construction YN No Have Air Photo Historic Local Historic DistrictNone Multi Family Mixed Use Type Mixed Use Near BusCommuter BusGolfHighway AccessHospitalInterstateMarinaPrivate SchoolPublic SchoolRecreational FacilitiesSchoolsShoppingSwimmingTennis Occupancy Close 1-45 DaysLeasesNegotiable Owner Expenses 29000.0000 Owner Pays InsuranceSewerTaxesTrash ServicesWater Owners Gross Income 123120 Pl Statement Yes Present Use Mixed Use Real Estate Taxes 8203.0000 Real Estate Taxes Yr 2018 Reo Or Bank Owned No Sewer ConnectedPublic Connected Short Sale No Subsidized Housing No Tenant Pays ElectricHeatTrash Service Total Units In Complex 10 Type Of Sale 3rd Party/Corporate Owned Under Construction No Unit Count 6 Unit Total Rent 123120 Utilities ElectricGasGas ConnectedMunicipal WaterStreet Lights Vacancy Rate 10 Water Supply ConnectedPublic Connected Zoning 08

    Listing information © 2019 State-Wide Multiple Listing Service.
    Listing provided courtesy of Keller Williams Rlty Newport.





    © 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Torrey Real Estate Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Torrey Real Estate Group. 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. Data last updated: 2019-08-25T14:37:26.157.
     
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