Providence, RI 02903,150 Acorn ST
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Providence, RI 02903,150 Acorn ST

$550,000

Est. payment /mo

$599,000

8.2%
Est.Price: ?

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150 Acorn ST Providence, RI 02903

4,960 SqFt

SOLD DATE : 07/30/2021

Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,960 sqft

Price per Sqft $110

Subdivision Federal Hill / Depasquale Sq.

MLS Listing ID 1272106

Sold Date 07/30/21

HOA Y/N No

Abv Grd Liv Area 4,960

Year Built 1900

Annual Tax Amount $16,988

Tax Year 2020

Lot Size 1,742 Sqft

Property Description

Get an investment property on Federal Hill, without breaking the budget. Property consists of 4 cash flowing units, gross rents of $62,400 annual, with well below market value rents. Some TLC needed, but massive rent increases to follow. Unfinished 4th floor unit/townhouse allows for equity growth! Don't miss out on your chance to get this prime property. The residential units offer huge upside. Leases in place for two units, two units remain on month to month. Motivated and ready to sell!

Location

State RI

County Providence

Community Federal Hill / Depasquale Sq.

Interior

Heating Steam

Exterior

Utilities Available Sewer Connected

Building

Story 4

Sewer Connected

Level or Stories 4

Structure Type Masonry

New Construction No

Others

Tax ID 150ACORNSTPROV

Financing Cash

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Listed by Smith and Oak Real Estate Co.
Bought with Smith and Oak Real Estate Co.

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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