1014 Charles St

North Providence, RI 02904 View Map $635,000 Ask a Question
Sq.Ft. Lot4,792
Year1950

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Status: Sold
Property Type:Commercial/Business
MLS #:1308155
Sq. Feet:4,730
Date Sold:7/15/2022
Lot Size:4,792 Sq. Ft.
County:Providence
Great turn-key investment opportunity to own 2 buildings on one lot with (6) fully occupied units. Recent updates include newer heating system, siding, painting of common areas, windows replaced on 1st floor, and 2nd floor unit completely renovated. 9 off-street parking spaces. Separate utilities. Long-term tenants means under market rents, but plenty of opportunity to increase your cap rate. Property Manager onsite, not reflected in the rent revenue.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
7/19/2022$650,000$635,000-2.3%

Community Information

Address:1014 Charles St, North Providence, RI 02904
County:Providence
City:North Providence
Zip Code:02904

Features / Amenities

Heating: Baseboard

Square Footage

Finished Sq. Ft.
Above Grade 4730
Below Grade 0
Total 4730

Property Features

Lot Size: 0.12 Acres / 4,792 Sq. Ft.
Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected
Sewer: Connected
Water: Connected
Electric: 100 Amp Service, Circuit Breakers
Zoning:CV

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $12,349
Buyer Financing: Conventional
Gross Income: $73,000
Insurance Expense: $3,500
New Taxes Expense: $12,349
Water/Sewer Expense: $3,300
Operating Expense: $8,300

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 3/19/2024
Listing provided courtesy of RE/MAX Advantage Group.
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