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144 Railroad St Manville, RI 02838

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For Sale
$1,500,000

Fully occupied, renovated 7-unit property with strong income potential.

Lot size:
0.14 Acres

Property Features for 144 Railroad St

General Information

Standard status
Active
Lot size
0.14 Acres

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Listing Contact
Kyle Seyboth
Source: Exprealty

Listing Agency: Century 21 Limitless Listing Agent: Kyle Seyboth

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Income-Generating Seven-Unit Multifamily Property

This income-generating property features seven units with updated market rents. Five units offer three bedrooms, dine-in kitchens, and an open living room area. One unit provides two bedrooms with the same layout, and the last unit is a spacious studio. Six of the seven units have been completely renovated and offer access to a shared front balcony. Off-street parking is available for up to 10 cars, with each unit having one parking spot, and additional street parking is also available. The property is up to fire code and includes new electrical systems, boilers, and hot water heaters. The property generates $9,500 monthly income and is fully occupied.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Manville
County
Providence
State
Rhode Island
Longitude
-71.476153
Latitude
41.9723064

FAQs

What type of property is this?
Apartment building - Fully occupied, renovated 7-unit property with strong income potential.
Where is this apartment building located?
The property is located at 144 Railroad St Manville, RI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - High income potential: $9500/month from 7 units.; - Fully occupied, turn-key investment opportunity.; - 6 out of 7 units recently renovated.
More about this property
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