Once in a lifetime opportunity to purchase a nine unit rental income generator! Located on a quiet, dead end street in the Auburn area of Cranston, this all brick exterior apartment building is just waiting for a new owner. Each unit has one bedroom and one bathroom, with plenty of parking for all occupants and guests, and the property even has 5 garages for additional parking or storage. All rents are currently under market average, and with just a little updating, the potential to increase rents is unquestionable! Minutes from Rt. 95, the Warwick malls, everything Garden City has to offer, and close to all amenities for optimal convenience for your tenants. This property grosses just shy of $100,000 a year in rent and you can make your investment back in no time at all. Wow!
Cranston is the third largest city in Rhode Island. It is a vibrant suburban community that boasts rural areas on the city’s western side, and the Narragansett Bay shoreline on the city's eastern side.