Cumberland, RI 02864,367 Broad ST
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Cumberland, RI 02864,367 Broad ST
Cumberland, RI 02864,367 Broad ST
Cumberland, RI 02864,367 Broad ST
Cumberland, RI 02864,367 Broad ST

$475,000

Est. payment /mo

$499,900

5.0%
Est.Price: ?

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367 Broad ST Cumberland, RI 02864

4,700 Sqft Lot

SOLD DATE : 10/30/2020

Key Details

Sold Price $475,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Valley Falls

MLS Listing ID 1261414

Sold Date 10/30/20

HOA Y/N No

Year Built 1930

Annual Tax Amount $4,479

Tax Year 2019

Lot Size 4,700 Sqft

Property Description

A real money-maker! (5) two bedroom and (1) one bedroom apartments, all tenants on month-to-month basis. All have separate heating systems (gas) and electrical. Cap rate at 7.7%. Ample parking. A wise purchase for the savy investor.Property being sold in AS IS condition.

Location

State RI

County Providence

Community Valley Falls

Interior

Heating Baseboard, Hot Water, Space Heater

Furnishings Unfurnished

Laundry Common Area

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping

Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected

Total Parking Spaces 6

Building

Story 3

Foundation Concrete Perimeter

Sewer Connected

Water Connected

Level or Stories 3

New Construction No

Others

Tax ID 367371BROADSTCUMB

Security Features Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s)

Financing Conventional

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Listed by RE/MAX Town & Country
Bought with Fontaine Real Estate, Inc.

Jeremy Bailey

Broker | License ID: RI, MA, CT

+1(401) 402-0289

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