30 Sheridan Street, Providence, RI 02909

$525,000
List Price
$525,000
MLS#
RIS-1310145
Status
ACTIVE
Type
Commercial
City
Providence
County
Providence
Year Built
1990

Property Description

BACK ON MARKET!! INVESTORS POSITIVE CASHFLOW, TURNKEY INVESTMENT: Legal 5-Unit Townhouse-Style building, built in 1990 and located less 100 feet from the popular Woonasquatucket River Greenway Bike Path. Four of the Five Apartments are 2 Bed, 2 Bath units. While the lower level Apartment is a 3 Bed, 1 Bath unit. All separate (tenant paid) gas heat, separate electric meters, separate entry and off street parking for 8 cars. Solid roof, hardwired smoke and carbon alarms, locking mailboxes and fully rented for a turn-key transaction. This home exists in a special economic development zone that offers an exemption for RI personal income tax for writers, composers and artists (see RI General Law 44-30-1.1) Please note, the Mailing Address for this property is 30 SHERIDAN STREET, but when searching in the Tax Assessors Database it is recognized as 80 SHERIDAN STREET. All appliances included. **Previously under contract. Foundation issues halted the sale. Foundation has been corrected. Schedule your showing before it's gone!!

Additional Information

Sewer
Connected, Public Sewer
Taxes
$7,104
Community Features
Near Schools, Public Transportation, Shopping, Sidewalks

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Blackstone/Ocean Properties.

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