198-200 Cross Street Central Falls, RI ^$ 849,900

198-200 Cross Street

^$ 849,900

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198-200 Cross Street

Central Falls, RI, 02863

^$ 849,900

Studio Baths0.0 Sq 5,296

Monthly Estimate*

^$ 5,649

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Studio

Commercial Property for sale in Central Falls, RI

for $849,900. This 5,296 square foot building was built in 1900 on a lot size of 0.11.

A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 9.6%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise.

Commercial Active

Price

^$ 849,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,216

Style

Lot Size

0.11

Year Built

1900

Town/City

Central Falls

County/Region

Providence

MLS | Web ID

73176766

List By

Alexander Parmenidez

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$6,083

Per Month

Monthly Principal & Interest: $5,649
Monthly Property Taxes: $435
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Central Falls, RI

Average List Price ^$684,179

Percent of Sale Price 19%

About Central Falls, RI

18,728 Population

-1% Since 2002

^$29,577 Median Income

33.75 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
2/13/2024	$849,900	-5.57%	Price Down
11/2/2023	$900,000		Listed Price

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198-200 Cross Street, Central Falls, RI, 02863 is a Commercial Property for sale at $849,900 with 5,296 sqft and a lot size of 0.11. 198-200 Cross Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 02863 which is in Central Falls, RI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/8/2024.

The real estate information and related content displayed on this site is provided 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.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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198-200 Cross Street

Commercial Property for sale in Central Falls, RI

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