391 Waterman Avenue, East Providence, Rhode Island 02914, Amerika Birleşik Devletleri
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$875.000 USD

Satılık ticari yapı, 391 Waterman Avenue, East Providence, Rhode Island 02914, Amerika Birleşik Devletleri

  • MLS Numarası
    1414480

New England Apartment Group tarafından ilana verildi

391 Waterman Avenue, East Providence, Rhode Island 02914, Amerika Birleşik Devletleri konumunda Satılık Ticari Mülk şu anda satılık.391 Waterman Avenue, East Providence, Rhode Island 02914, Amerika Birleşik Devletleri, $875.000 fiyatından ilana verildi.

Güncellenme Tarihi: 5 Haz 2026

Emlak özellikleri

Arsa/Arazi

  • Arazi/parsel ebadı: 408 m² (4.397 ft²)

İnşaat

  • Yapım yılı: 1920

Yardımcı Programlar

  • Diğer yardımcı programlar: Kanalizasyon Şebekesi

Açıklama

This well-maintained 5-unit property features a unit mix of 3 studios and 2 one-bedroom apartments. It currently generates $6,200 in monthly rental income with clear upside potential through rent increases to market levels. Two out of five apartments have been renovated. The property has had key capital improvements already completed, including a new roof (2022), repaved driveway (2016), and majority of windows replaced (2025), minimizing short-term capital expenditure for a new owner. The building is serviced by a single Weil-McLain gas boiler providing heat to all units. Current ownership covers gas and electric, presenting a clear value-add opportunity to separate utilities and improve operating efficiency, ultimately increasing net operating income. Ideal for investors seeking a stable, cash-flowing asset with proven income and the ability to create higher returns through operational improvements and rent growth.

Konum

391 Waterman Avenue, East Providence, Rhode Island 02914, Amerika Birleşik Devletleri

391 Waterman Avenue, East Providence, Rhode Island 02914, Amerika Birleşik Devletleri