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9 Residential Apartments FSBO

Location  Rhode Island,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $70000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1983
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

WARREN AND BRISTOL, RI - 9 RESI APTS PACKAGE: $799,000 OR BUY SEPARATE 6 OR 3 UNITS. (1) Warren, RI - one half mile east of Metacom Ave. Good-size legal 6 unit residential investment property consisting of 4 X 2 bedroom apartments and 2 x 1 bedroom apartments. On a very large over-sized lot of land with parking for 15 vehicles. Approved hard-wired fire protection system in place. Some cosmetic updating needed. Positives: legal 6 residential units, the building' s fine footprint, the building' s large off-street parking lot and lawns, and its excellent location. Asking $599K as a stand-alone 6 family. THIS PROPERTY ALSO CAN BE PURCHASED AS PART OF A LEGAL 9 RESIDENTIAL UNITS PACKAGE THAT INCLUDES THE FOLLOWING BUILDINGS AND LAND: (2) Bristol RI, approximately one mile from Roger Willliams University and a few blocks from Narragansett Bay. The main house was built in 1900 and the secondary buildings were built around WWII. Includes a large 2 family home, a 2 bedroom cottage, and a 1-car garage. Needs work. Positives: great vintage structures, legal 3 residential units, off-street parking spaces for 6 vehicles, large lot, and excellent location. Asking $399K as a stand-alone 3 family. 9 RESIDENTIAL UNITS PACKAGE ASKING PRICE: $799,000. TO BEGIN AN INDIVIDUAL PROPERTY OR A PACKAGE OFFER, PLEASE EMAIL LETTERS OF INTENT OR CALL OWNER: 602-785-0093.

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