39 Pleasant ST, West Warwick, Rhode Island 02893

$359,900
List Price
$359,900
MLS#
1226110
Status
ACTIVE
Type
Commercial
City
West Warwick
County
Kent
Year Built
1950
Acres
0.343
Lot Size SqFt
14,963

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

Community Features
Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Schools, Shopping, Tennis
Cooling
None
Heat System
Baseboard, Forced Water, Zoned
Sewer
Connected
Water
Connected, Individual Meter, Municipal, Public Connected
Foundation Type
Concrete
Parking Spaces
6
Heat System
Baseboard, Forced Water, Zoned
Cooling
None
Sewer
Connected
Association Fee
0.0000
Association Fee Frequency
Year
Tax Year
2018
Basement Type
Full
Taxes
$9,726
HOA / Condo Fees
0.0000

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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