16 larchmont North Providence, RI 02911

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Property Is Priced To Yield An 8.5% Cap Rate, With a Cash On Cash Return Of 18.5%. All Units Are Identical, Four Room/Two Bedroom Apartments With Private Basements And Individual Utilities. 100% Occupied. In High Demand Due To Style And Location. Property Could Use Cosmetic Upgrades, But Well Worth The Sweat Equity.


Property Details

MLS#
72494567
Type
Multi-family
Year Built
1900
Lot Size
15,000
Beds
20
Full Baths
10
Taxes
$15,664
Tax Year
2018

Additional Details


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North Providence

North Providence is centrally located in the Providence metropolitan area, but borders on more suburban communities. One of the main thoroughfares, Mineral Spring Avenue, offers a myriad of regional restaurants, goods and services.

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The real estate data on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. The IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2019 State-Wide MLS, Inc. All rights reserved. Data last updated 08/19/19.

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