Central Falls, RI 02863,203 Hunt ST
Central Falls, RI 02863,203 Hunt ST
Central Falls, RI 02863,203 Hunt ST
48
$800,000
$950,000
15.8%
Est.Price: ?

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9,840 Sqft Lot

203 Hunt ST Central Falls, RI 02863

Est. payment /mo
SOLD DATE : 10/24/2024

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Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1362366

Sold Date 10/24/24

HOA Y/N No

Year Built 1920

Annual Tax Amount $12,758

Tax Year 2024

Lot Size 9,840 Sqft

Property Description

Welcome to this exceptional investment opportunity, featuring a well-maintained residential building with 8 spacious one-bedroom units. Each unit offers comfortable living spaces, making them highly desirable for tenants. The property boasts durable vinyl siding and roofs, both of which were updated 12 years ago, ensuring low maintenance and long-term durability. In addition to the residential units, the property includes a large garage, currently not rented. This presents an excellent opportunity to generate additional rental income or utilize the space for various purposes. Furthermore, there is a potential area within the property to create a 9th unit, perfect for a studio apartment, adding even more value to this investment. This property is an ideal 1031 exchange project, offering significant opportunities for a buy-and-hold strategy or a value-add project. With its solid structure and potential for increased revenue, this is a prime investment for savvy investors looking to expand their portfolio.

Location

State RI

County Providence

Zoning R

Rooms

Basement Full

Interior

Heating Baseboard, Hot Water

Cooling None

Laundry Common Area

Exterior

Community Features Public Transportation, Sidewalks

Utilities Available Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

Street Surface Concrete,Paved

Total Parking Spaces 10

Building

Story 2

Foundation Concrete Perimeter

Sewer Connected

Water Connected, Public

Level or Stories 2

Structure Type Frame

New Construction No

Others

Tax ID 203205HUNTSTCFLS

Security Features Fire Alarm,Fire Sprinkler System

Financing Cash

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Listed by Real Broker, LLC
Bought with eXp Realty

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Dawn Carmo

Realtor

+1(774) 361-5388

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