9 Unit building available with potential for a 10% + cap rate. All spacious one-bed units with separate electric and gas meters. Great opportunity for condo conversion, buy and hold with some updates, or 1031 exchange. Currently fully occupied and rents are significantly below market.
All information deemed reliable but not guaranteed. Last date updated: . Source: State-Wide Multiple Listing Service, Inc.
From the beautiful beaches of Newport and coastal Rhode Island to the peaceful shores of Narragansett, Mt. Hope Bay and the Sakonnet River, Gustave White Sotheby’s International Realty offers buyers and sellers in every price range the same world class service. While specializing in high-end oceanfront, beachfront, and waterfront properties, our RI real estate professionals deliver extraordinary expertise. Gustave White Sotheby's International Realty's Newport, Tiverton, and South County sales agents service all of Rhode Island real estate, focusing on Newport County and coastal southern New England – including Middletown, Portsmouth, Tiverton, Little Compton, Bristol, Barrington, Jamestown, Narragansett, Westerly, Watch Hill, South Kingstown, North Kingstown, Charlestown, and the Providence area - from sprawling country estates to historic architectural gems to charming beach bungalows, single and multi-family homes, and condominiums, as well as commercial properties, residential lots for sale, yearly and vacation rentals. Whether a first home, oceanside retreat, or waterfront mansion, our goal is to provide personal sensitivity and the full power of our negotiating skills to every client.
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