
$849,900 USD
Commercial for Sale, 8 King Street, Pawtucket, Rhode Island 02860
- MLS#1415838
- Minimum sellable space
423 m² (4,550 ft²)
Listed By Century 21 Gonsalves - Pastore
The Commercial Property for Sale located at 8 King Street, Pawtucket, Rhode Island 02860 is currently for sale. 8 King Street, Pawtucket, Rhode Island 02860 is listed for $849,900.
Property features
Property
- Property size:
423 m² (4,550 ft²) - Type: Unfurnished
- Features: Basement
Lot/Land
- Land/Lot size:
465 m² (5,000 ft²)
Construction
- Year built: 1920
- Construction: Frame
- Basement and foundation: Full Basement
Heating and Cooling
- Heating system: BaseboardGas
Utilities
- Other utilities: Natural GasGas
Description
This well-maintained multi-family property in Pawtucket features two buildings comprising five rental units. The front building includes three spacious 3-bedroom units, while the rear building offers two comfortable 2-bedroom units. Each unit is currently occupied by long-term tenants, providing a stable income stream for potential investors. The property also boasts updated parking facilities, enhancing convenience for residents.
With a positive cap rate, this investment opportunity is ideal for those looking to expand their real estate portfolio in a growing area. The strategic layout and consistent occupancy make it a solid choice for both seasoned and new investors alike.
### Highlights
- Two buildings with five rental units total.
- Front unit: three 3-bedroom apartments.
- Rear unit: two 2-bedroom apartments.
- Updated parking facilities available.
- Long-term tenants in place ensure stable income.
- Positive cap rate appealing to investors.
Location
8 King Street, Pawtucket, Rhode Island 02860