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10 Sisson Street

West Warwick, RI 02893
  • $259,000
  • STATUS: Pending
  • ON SITE: 11 Days
  • MLS #: 1317012
Pending
UPDATED: 24 min ago
$259,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,648
    SQFT
  • $157
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Not getting any returns from the bank? Try this no brainer investment. $259k for 2 units. Both units have solely been vacated Aug 1 because of sale. Rents in minutes. Here's the math. $900 1st and $1200 2nd was what they were charging. They could easily get more but had excellent tenants and chose not to. That's over $2100 Gross, about $12-$1300 net after everything including mgt fees. Compare that with money sitting in the bank. Washer/dryer hookups in basement. New oil tank and lines for 2nd fl unit. Newerroof, newly painted. 4 car parking. Excellent rental area. Owners solely selling to concentrate on other investments out of state (where they live). Sold as-is.

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than RE/MAX Real Estate Center are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Center. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-08-14T11:37:36.413.
www.yourhomeri.com/homes/131516126
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10 Sisson Street West Warwick, RI 02893

  • Price: $259,000
  • Status: Pending
  • On Site: 11 Days
  • Updated: 24 min ago
  • MLS #: 1317012
3
Beds
2
Baths
0
½ Baths
0.14
Acres
1,648
SQFT
$157
$/SQFT
1900
Built
County:
Kent
Area:
West Warwick
Property Description
Not getting any returns from the bank? Try this no brainer investment. $259k for 2 units. Both units have solely been vacated Aug 1 because of sale. Rents in minutes. Here's the math. $900 1st and $1200 2nd was what they were charging. They could easily get more but had excellent tenants and chose not to. That's over $2100 Gross, about $12-$1300 net after everything including mgt fees. Compare that with money sitting in the bank. Washer/dryer hookups in basement. New oil tank and lines for 2nd fl unit. Newerroof, newly painted. 4 car parking. Excellent rental area. Owners solely selling to concentrate on other investments out of state (where they live). Sold as-is.
Exterior Features

Construction Materials DrywallOther Covered Spaces 0 Foundation Details Concrete Perimeter Garage YN No Parking Features No Garage Parking Total 4

Interior Features

Appliances Electric Water HeaterWater Heater Basement FullInterior EntryUnfinished Basement YN Yes Cooling NoneWindow Unit(S) Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Laminate Heating BaseboardElectricOilZoned Interior Features Tub Shower

Property Features

Community Features Public Transportation Electric 100 Amp Service Land Lease YN No Laundry Features Common Area Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Structure Type Apartment Tax Annual Amount 4757 Tax Assessed Value 240900 Tax Lot 0493 Tax Year 2021 Utilities Sewer Connected Water Source Public Zoning R8

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of The Greene Realty Group.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than RE/MAX Real Estate Center are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Center. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-08-14T11:37:36.413.
 
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