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    936 Mineral Spring Avenue

    North Providence, RI 02904
    • $559,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 1277725
    UPDATED: 49 min ago
    $559,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1904
    County:

    School Ratings & Info

    Description

    Incredible Investment Opportunity, Solid Money Maker offers 5 units- 3-2BR, 2- 1 BR & Garage currently used as storage, bringing in $500/month. Several improvements include a New 4 year roof, 5 year hot water heaters, newer plumbing, Hardwired, Renovated Stainless Steel Kitchens and Modern bathrooms. Consistent rental history, Rents could be higher. Off Street Parking and fenced in yard, Profit and loss attached reflecting Great Cash flow, NOI of $40,360 yielding a 7.2% cap rateLocated on corner lot in Highly Desirable Merrillville district of North Providence with short distance to Interstate Highways and all of Mineral Spring Avenue conveniences and attractions. Must See

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    © 2021 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 Dave T Team @ RE/MAX Central 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 Dave T Team @ RE/MAX Central. 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: 2021-04-13T18:37:47.967.
    www.davetteam.com/homes/115274216
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    936 Mineral Spring Avenue North Providence, RI 02904

    • Price: $559,000
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 1277725
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1904
    Built
    Neighborhood:
    Merrillville
    County:
    Providence
    Area:
    North Providence
    Property Description
    Incredible Investment Opportunity, Solid Money Maker offers 5 units- 3-2BR, 2- 1 BR & Garage currently used as storage, bringing in $500/month. Several improvements include a New 4 year roof, 5 year hot water heaters, newer plumbing, Hardwired, Renovated Stainless Steel Kitchens and Modern bathrooms. Consistent rental history, Rents could be higher. Off Street Parking and fenced in yard, Profit and loss attached reflecting Great Cash flow, NOI of $40,360 yielding a 7.2% cap rateLocated on corner lot in Highly Desirable Merrillville district of North Providence with short distance to Interstate Highways and all of Mineral Spring Avenue conveniences and attractions. Must See
    Exterior Features

    Construction Materials Frame Fencing Fenced Foundation Details Concrete PerimeterStone Garage YN Yes Levels Three Or More Lot Features Corner Lot Parking Total 5

    Interior Features

    Basement Full Basement YN Yes Cooling Central AirWall Unit(S) Heating BaseboardGasHot Water

    Property Features

    Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationShoppingHigh Traffic LocationStreet LightsSidewalks Current Use Residential Electric 100 Amp Service Gross Income 72300 Land Lease YN No Operating Expense 26670 Owner Pays Exterior MaintenanceInsuranceRepairsRoof MaintenanceSnow RemovalSewerTaxesWater Possible Use Residential Property Sub Type Commercial Road Frontage Type City Street Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Sewer Public Sewer Tax Annual Amount 9400 Tax Assessed Value 325400 Tax Lot 155 Tax Year 2020 Tenant Pays ElectricityGasHeatHot Water Utilities Natural Gas AvailableNatural Gas ConnectedSewer AvailableWater Available Water Source Connected

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Pyramid Realty Inc.





    © 2021 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 Dave T Team @ RE/MAX Central 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 Dave T Team @ RE/MAX Central. 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: 2021-04-13T18:37:47.967.
     
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    Dave T Team @ RE/MAX Central
    37 Sandy Bottom Rd
    Coventry RI, 02816