Overview
- Updated On:
- March 17, 2023
Description
Excellent owner occupant/ investment opportunity, in convenient South County Trail location, close to highway access with plenty of parking! With over 8,800 SF, the layout can be divided into as much as 27 smaller units for great rental income, and/or utilized as a larger office space with additional rentals to hedge overhead costs. Connected to sewers and gas, newer gas high efficiency heating systems and AC units, 400 AMP electric, and basement storage. Call for details and to set up an appointment to view.
Address: 2843 South County Trl, East Greenwich RI 02818
City: East Greenwich
State/County: Kent
Zip: 02818
Country: US
Open In Google Maps Property Id : 116389
Price: $ 1,049,000
Property Lot Size: 1 ft2
Basement: Full
Bridge Modification Timestamp: 2023-03-17T04:35:34.209Z
Building Area Total: 8864
Building Features: Restrooms
Business Type: Office Building
Cap Rate: 7.42
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Interstate,Marina,Private School,Public School,Railroad,Recreational Facilities,Schools,Shopping,Pool,Tennis
Construction Materials: Frame,Steel
Contract Status Change Date: 2023-03-06
Cooling: Central Air
Door Features: Loading Door: None
Electric: 400 Amps,440+ Volts
Electric Expense: 1025
Foundation Area: 6720
Foundation Details: Concrete Perimeter,Slab
Frontage Length: 253
Furnished: Unfurnished
Gas: Connected
Heating: Central Air,Forced Air,Gas Connected
Insurance Expense: 400
Laundry Features: Off Site
Leasable Area: 8864
Lease Assignable Y/N: 1
List Agent Direct Phone: 401-639-9914
List Agent Email: gusm@sellri.com
List Agent Full Name: Augustus Marsella
Listing Contract Date: 2023-03-06
Listing Id: 1330478
Living Area Units: Square Feet
Lot Features: Paved,Sidewalks,Free Standing
Lot Size Area: 31101
Lot Size Square Feet: 31101
Lot Size Units: Square Feet
Maintenance Expense: 500
Mls Status: Active
Modification Timestamp: 2023-03-17T04:32:01.673Z
Net Operating Income: 96534
Number Of Buildings: 2
Number of Units in Community: 27
Number of Units Total: 1
Occupant Type: Tenant
Original Entry Timestamp: 2023-03-06T15:10:33.580Z
Original List Price: 1049000
Ownership Type: LLC
Parking Total: 34
Possible Use: Commercial,Office,Office
Road Frontage Type: High Traffic
Road Surface Type: Blacktop
Security Features: Fire Alarm,Smoke Detector(s)
Sewer: Assessment to Buyer,Connected,Public Sewer,Public Connected
State or Province: RI
Status Change Timestamp: 2023-03-06T15:10:33.580Z
Street Name: South County Trl
Street Number: 2843
Tax Annual Amount: 28083
Tax Year: 2022
Utilities: Cable Connected,Electricity Connected,Gas,Natural Gas Connected,Municipal Water,Street Lights,Phone Connected
Water Source: Connected,Individual Meter,Municipal,Public
Year Built: 1968
Years Current Owner: 5
Zoning: CH
Other Features
Ceiling Height: 7-9 Ft,9-12 Ft
Electrical Utility Available
Has Cooling System
Has Heating System
$ 4,067.18
per month- Principal and Interest
- Property Tax
- HOA fee
$ 4,067.18
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