234 Warren Avenue
234 Warren Avenue East Providence, Rhode Island 02914 United States

$750,000
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Listing Courtesy of www.HomeZu.com
5
Bedrooms
5
Full Baths
.1033 Acres
Exterior
Multi-Family Homes
Property type
1940
Year Built
1304429
Web Id
1304429
MLS ID
East Providence
School District
78
days ago

About 234 Warren Avenue

DONT MISS THIS OPPORTUNITY! 6 Unit Mixed-Use Building located in East Providence Opportunity Zone. Building is comprised of 2 ground floor commercial units and 4 SPACIOUS apartments on second floor. Great opportunity to own an investment that is a true cash cow. Solid rental income of 82K in 2021 with the potential to increase it to 110K+ by raising the below market rents. The building boasts over 6,000 square feet of gross rentable living area. Long term tenants in place however there have been many recent upgrades to the building. The commercial unit featured in the photos was completely renovated with over 1,200 square feet of luxury vinyl flooring, shiplap accent wall, led lighting and much more. 4 of the 6 tenants are month to month (long term tenants). Rubber roof was installed in 2012 with 40 year warranty. Exterior rear of the building was vinyl sided and a new covered porch with staircase was recently installed. Conveniently located in the center of East Providence and walking distance to bus stops, East Bay Bike Path, Town Hall, Post Office, Library, public and private schools, Banks, Restaurants, coffee shops and several independent small businesses. Just minutes to highway and Brown University, RISD, PC and RI Hospital. Fire alarm serviced and maintained regularly. The Building is being Sold As Is.

PROPERTY INFORMATION

Cooling
Individual Unit, Wall Unit
Garage Info
0
Heating
Baseboard
Sewer
Public Connected
Water
Connected, Public

EXTERIOR

Exterior Features
Brick, Deck, Vinyl Siding

INTERIOR

Interior Features
Stairs
Listing Courtesy of www.HomeZu.com
Listing Courtesy of www.HomeZu.com
Advertiser Logo
Listing Courtesy of www.HomeZu.com
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