623 Charles ST, Providence, Rhode Island 02904

$425,000
List Price
$425,000
MLS#
1229135
Status
ACTIVE
Type
Commercial
City
Providence
County
Providence
Year Built
1930

Property Description

SELLER FINANCING AVAILABLE! This 7 unit cash cow includes two commercial units, five residential units and 5 garages. Commercial units are currently occupied by a barbershop (long term tenant) and a clothing store. With easy access to I-95 and Route 146, it's easy to attract tenants who work at Twin River or Downtown. On bus line and with plenty or parking, this property provides and opportunity to rehab units and command top rents or continue with long term, month-to-month tenants. Plenty of parking and additional income opportunities by adding laundry, storage in basement/attic areas, and charging extra for the garages. Recent improvements include new electrical service, updated windows and new paint for the entire exterior of the building. Building to be fire-coded (negotiable) prior to sale. This property does need work but is well worth the effort. Again, OWNER FINANCING IS AVAILABLE. Bring offers! Note: Square footage in unit descriptions are estimated.

Additional Information

Sewer
Public Connected
Basement Type
Full
Taxes
$8,107
Community Features
Sidewalks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Zen Real Estate Group.

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