
$1,995,000 USD
Commercial for Sale, 92 Spring Street, Lincoln, Rhode Island 02838
- MLS#1401085
Listed By Westcott Properties
The Commercial Property for Sale located at 92 Spring Street, Lincoln, Rhode Island 02838 is currently for sale. 92 Spring Street, Lincoln, Rhode Island 02838 is listed for $1,995,000.
Property features
Property
- Features: Basement
Lot/Land
- Land/Lot size:
1,215 m² (13,081 ft²)
Construction
- Year built: 1900
Security
- Features: Carbon Monoxide DetectorSmoke DetectorClosed Circuit TV
Heating and Cooling
- Heating system: BaseboardSpace Heater
Utilities
- Other utilities: Gas
Description
Investor Alert!! Total of 9 units across 3 buildings all fully occupied with strong rental history and parking. Three 3 unit buildings which share a parking lot along with 5 garage bays make this investment opportunity too good to pass up! Addresses are 92 Spring St., 35 Central St. & 37 Central St. 6 out of the 9 total units have been taken to the studs within the past 3 years with all new wiring, plumbing, heating systems, and all cosmetic upgrades. Total gross rents of nearly $16k/month (just under $188k/year). Properties are subdivided and would qualify for individual conventional loans as well.
Location
92 Spring Street, Lincoln, Rhode Island 02838