198 Cross Street
198 Cross Street
$849,900
9
5
2
5,293
5,293
$161
Description
A stone away from boston! Attention all entrepreneurs and investors. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully...A stone away from boston! Attention all entrepreneurs and investors. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready. Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach. In essence, this mixed-use edifice is a rare blend of residential elegance and commercial opportunity, inviting discerning investors to harness its immense potential.
- Listed by Alexander Parmenidez • Coldwell Banker RealtyP: 401-256-7925 myhome@alexparmenidez.realtor
Property Details for 198 Cross Street
Subdivision Name
Central Falls Train Station
Location
LISTING UPDATED: 02/24/2024 12:21 AM
Property Details for 198 Cross Street
Status | Active |
---|---|
MLS # | 1351322 |
Days on Market | 95 |
Taxes | $5,216 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi Family |
Year Built | 1900 |
Lot Size | 0.11 AC / 5,000 SF |
County | Providence County |
Location
Building Information for 198 Cross Street
Stories3Residences3Year Built1900Building Size-Lot Size0.11 AC / 5,000 SF
Payment Calculator
$5,073 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 198 Cross Street
Property History for 198 Cross Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 198 Cross Street
Taxable ValueLand$103,500Additions$158,000Total$261,500
Tax Record2021$5,170 ($431 / month)
Home Facts
Baths7Total Finished SqFt5,296 SqFtAbove Grade Finished SqFt5,296 SqFtUnfinished Basement SqFt1,664 SqFtStories3Lot Size5,001 SqFtStyleOffice BuildingYear Built1900ZoningM-1CountyPROVIDENCEAPNCENT M:06 P:310
Schools near 198 Cross Street
This home is within Central Falls School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 1 to 5 |
Rating | School | Distance |
---|---|---|
Veterans Memorial Elementary School PublicK to 4 | ||
Calcutt Middle School Public5 to 8 | ||
Central Falls Sr High School Public9 to 12 | ||
Alan Shawn Feinstein School Public1 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.