39 Pleasant ST, West Warwick, Rhode Island 02893

$359,900
7
BD
4
BA
List Price
$359,900
MLS#
1225953
Status
ACTIVE
Type
Multifamily
City
West Warwick
County
Kent
Bedrooms
7
Full Baths
4
Bathrooms Total
4
Year Built
1950
Acres
0.3444
Lot Size SqFt
15,000

Property Description

Rare legal 6 family with plenty of parking, fully occupied generating nearly $65,000 per year in gross rents. See attached profit and loss, this building should produce approximately $10,000 per year in cash flow after accounting for vacancy, expenses and mortgage payments. 1 3-bedroom unit, 1 2-bedroom unit and 4 1-bedroom units. One gas heating system and one large gas fired hot water tank mean fewer mechanicals for you to service/replace. One electric meter makes it easy to manage turnovers because you will not need to change over utilities. All tenants rents include heat, hot water and electricity. 3 Propane tanks provide fuel for gas stoves only. Well appointed, with several recently renovated apartments make them easy to rent. Building is fully fire coded and completely turnkey.

Additional Information

Annual Income
64800
Annual Expenses
35004
Exterior
Vinyl Siding
Equipment
Carpeting, Ceiling Fan, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
Electric
Circuit Breaker
Cooling
None
Sewer
Public Connected
Plumbing
Mixed
Water
Public Connected

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty NRI.

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