109 Market Street, Warren, Residential Income

$ 1,260,000
109 Market Street,
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Overview

  • Updated On:
  • November 29, 2024
  • 13 Bedrooms
  • 5 Bathrooms

Description

Exciting Opportunity to Invest in a Turnkey 5-Family Gem.
This unique property consists of two buildings on one lot, offering a total of five apartments.
The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment. All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance.
One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.

Address: 109 Market Street
City:
State/County:
Zip: 02885
Country: US
Open In Google Maps
Property Id : 539725
Price: $ 1,260,000
Property Lot Size: 0 ft2
Rooms: 23
Bedrooms: 13
Bathrooms: 5
Basement: Full,Interior and Exterior,Unfinished
Bathrooms Half: 0
Bathrooms Total Decimal: 5
Bridge Modification Timestamp: 2024-11-30T00:35:07.648Z
Building Area Total: 5673
Construction Materials: Vinyl Siding
Contract Status Change Date: 2024-11-22
Cooling: None
Covered Spaces: 2
Electric: 200 Amps
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood
Garage Spaces: 2
Heating: Natural Gas,Baseboard
Laundry Features: In Building
List Agent Direct Phone: 401-286-6159
List Agent Email: tiffany-lee@hotmail.com
List Agent Full Name: Tiffany Sousa
Listing Contract Date: 2024-11-22
Listing Id: 1373579
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size Area: 7405
Lot Size Square Feet: 7405
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-11-30T00:31:02.150Z
Number Of Buildings: 2
Number of Units Total: 4
Original Entry Timestamp: 2024-11-22T22:44:55.340Z
Original List Price: 1260000
Parking Features: Detached
Parking Total: 8
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-11-30T00:17:31.997Z
Stories: 3
Street Name: Market
Street Number: 109
Street Suffix: Street
Structure Type: Apartment,Up/Down
Tax Annual Amount: 9748
Tax Year: 2024
Water Source: Connected
Year Built: 1920
Other Features
Gas Water Heater
Has Garage
Has Heating System
Property Attached
$ 4,885.27
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,885.27

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Alyse Antone Smyth, Esq.