River Haven, RI homes for sale & real estate

River Haven, RI Homes for Sale

This is a chance to own (6) 3-bedroom residential units and (1) stand-alone commercial building [1,056 sq. ft. ] with a successful family-owned business that has thrived for decades. Multiple financing options available. Pete's Bait Shop is being sold with a history of success within the fishing community. Inquire for more information on business financials. The (6) residential units each span 1,110 +/- sq. ft, and are currently all rented. Current rents are below market. Proforma rent per unit is conservatively $1,400-1,700 per unit ($100,800-$122,400 annually) with minimal updating needed to obtain these proforma numbers. Not included in our valuation is the 4-bay garage that is large eno

River Haven, RI Homes for Sale

Seize the chance to elevate your investment portfolio with this outstanding opportunity! Presenting a versatile and mostly renovated 6-family property with plenty of off-street parking, (6) 3 bed 1 bath units, 1st & 2nd flr (4) units beautifully renovated, gorgeous hardwood flooring, 4 units with new kitchens and updated baths, separate gas and electric paid by tenants. There is a large level 6 car parking lot in the rear and a 1 car garage. Huge basement for storage. Super convenient location. Unlock additional value by exploring expansion options with the city to possibly maximize rental income on the 4th flr which presents as 2 addtl units. The roof and most windows replaced 8 year