$1,650,000
$1,700,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
280 Benefit ST Providence, RI 02903
3,920 Sqft Lot
Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision East Side/College Hill
MLS Listing ID 1302716
Sold Date 04/15/22
HOA Y/N No
Year Built 1859
Annual Tax Amount $23,759
Tax Year 2021
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Solid legal 7 unit building on Benefit St, in the heart of College Hill. This building consists of 3 studios, 3 one bedroom units, and 1 two bedroom unit. Rents include gas and electric, but units are separately metered for electric. 12 year young roof, electrical updated in 2018. Many units have been updated throughout and laundry in the building. NOI $74,000. Total Rents $120,000.Fully leased for next cycle through 5/31/2023.
Location
State RI
County Providence
Community East Side/College Hill
Zoning R2
Rooms
Basement Full
Interior
Heating Baseboard, Central, Gas, Steam
Cooling None
Furnishings Unfurnished
Laundry Common Area, In Unit, Laundry Room
Exterior
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Municipal Utilities, Sewer Connected, Water Connected
Street Surface Asphalt
Building
Story 2
Foundation See Remarks
Sewer Connected, Public Sewer
Water Connected, Public
Level or Stories 2
Structure Type Brick
New Construction No
Others
Tax ID 280BENEFITSTPROV
Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Escape,Fire Sprinkler System,Smoke Detector(s)
Financing Conventional
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Bought with Westcott Properties