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275 Pocasset Avenue

Providence, RI 02909
  • $479,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 1351333
UPDATED: 102 min ago
$479,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,563
    SQFT
  • $187
    $/SQFT
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Located in Silver Lake, a well-established neighborhood on the western edge of Providence, RI, it is home to numerous local favorites. The 5-unit retail rental property is situated on a corner lot with a local park right across the street. Fully rented, this 2500+ sq ft. investment property yields a solid 7.09% cap rate. With a population density of 15K+ per square mile, retailers have plenty of reason to establish and operate their businesses.

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[Rhode Island Statewide MLS] logo

© 2024 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 John Krekorian | RE/MAX Flagship 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 John Krekorian | RE/MAX Flagship. 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: 2024-05-25T23:37:58.55.
www.krekorianteam.com/homes/146760671
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275 Pocasset Avenue Providence, RI 02909

  • Price: $479,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 102 min ago
  • MLS #: 1351333
0
Beds
0
Baths
0
½ Baths
0.07
Acres
2,563
SQFT
$187
$/SQFT
1930
Built
County:
Providence
Area:
Providence
Property Description
Located in Silver Lake, a well-established neighborhood on the western edge of Providence, RI, it is home to numerous local favorites. The 5-unit retail rental property is situated on a corner lot with a local park right across the street. Fully rented, this 2500+ sq ft. investment property yields a solid 7.09% cap rate. With a population density of 15K+ per square mile, retailers have plenty of reason to establish and operate their businesses.
Exterior Features

Construction Materials Brick Frame Parking Total 0

Property Features

Business Type Retail Electric Item200 Amp Service Human Modified YN No Land Lease YN No New Construction YN No Property Sub Type Commercial Sewer Public Sewer Tax Annual Amount 8091 Tax Assessed Value 229600 Tax Lot 147 Tax Year 2023 Utilities Natural Gas Connected Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Keller Williams Leading Edge: .



[Rhode Island Statewide MLS] logo

© 2024 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 John Krekorian | RE/MAX Flagship 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 John Krekorian | RE/MAX Flagship. 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: 2024-05-25T23:37:58.55.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882