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121 SECOND ST EAST PROVIDENCE, RI 02914
- Townhouse or Condo / For Sale by Owner
Property Details for 121 SECOND ST, EAST PROVIDENCE, RI 02914
Features
- Price/sqft: $203
- Lot Size: 5225 sq. ft.
- Total Units: 4
- Total Rooms: 8
- Stories: 200
- Roof Type: Asphalt
- Heating: Hot Water
- Exterior Walls: Siding (Alum/Vinyl)
Facts
- Year Built: 01/01/1910
- Property ID: 698751058
- Parcel Number: EPRO M:017 B:03 L:008 U:
- Property Type: Townhouse or Condo
- County: PROVIDENCE
Description
This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.
This listing is NOT a foreclosure. Rare 4 unit multifamily in a beautiful and quite neighborhood in East Providence. All units are leased. Very close to 195. Just few minutes walk to Bold Point Park along Providence River.3 of the 4 units were upgraded in the last 2 years. This is an excellent property for an investor looking for very good cash flow.Cap rate > 8.5. This multifamily generates a gross income of over 40k and net income of around 28k per year.
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