1

223 BROAD ST Cumberland, RI 02864

$725,000

Listed By Tony Lanni, RE/MAX Preferred

8

Bedrooms

4

Total Baths

4

Full Baths

1,356

Square Feet

0.39

Acres

1920

Year Built

Active

Status

MLS#

1309633

Investors Take Note: This is an Amazing turn-key suite of 8 units over 3 buildings! A 5 unit with 1 bed units, a Duplex with a 1 and a 2 bed, and a stand-alone cottage out back that needs to be finished for additional rent. Updates include 10 year young roofs, some vinyl replacement windows and many of the units are on their own brand new Navien gas systems so tenants pay their own utilities and the rest have low reasonable expenses. In addition there are basements in 2 of the buildings, a 2 car garage and plenty of off-street parking. Very serious inquiries Only. Buyers MUST come with recent Proof of Funds or Pre-approval letter. Selling AS IS. CASH or Conventional financing only. Owner is busy with other projects and after many years is ready to sell this absolute Cash Cow! *** MUST be approved for a COMMERCIAL Loan. Parties Will NOT be allowed into property without it. Please email to listing agent ahead of showing. If you show up, showing agent will respectfully request a copy of your current bank statement or Commercial approval before allowing entry. Thank you for your understanding!

Details

Year Built
1920
Parking
8
Price / Sq Ft
$535
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
14 Days
Acres
0.39

Listing Office RE/MAX Preferred, 401-353-2200

MLS# 1309633

Updated 3:20PM - 5/23/2022

The data relating to real estate for sale on this website comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by RE/MAX Preferred are marked with the MLS logo and detailed information about them includes the name of the listing brokers. 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. Any use of search facilities of data on the site other than by a consumer seeking to purchase real estate is prohibited. Information deemed reliable but not guaranteed. Copyright© 2022 State-Wide MLS, Inc. All Rights Reserved.

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