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275 Pocasset Avenue Providence, RI $ 479,000
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$ 479,000 Get more info
275 Pocasset Avenue
$ 479,000
Back to search
Share Save

275 Pocasset Avenue

Providence, RI, 02909
$ 479,000
Baths0.0 Sq 2,563

Monthly Estimate*

$ 3,346

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Studio

Commercial Property for sale in Providence, RI

for $479,000. This 2,563 square foot building was built in 1930 on a lot size of 0.073278.

Located in Silver Lake, a well-established neighborhood on the western edge of Providence, RI, it is home to numerous local favorites. The 5-unit retail rental property is situated on a corner lot with a local park right across the street. Fully rented, this 2500+ sq ft. investment property yields a solid 7.09% cap rate. With a population density of 15K+ per square mile, retailers have plenty of reason to establish and operate their businesses.

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Commercial Active

Price

$ 479,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,091

Style

Commercial

Lot Size

0.073278

Year Built

1930

Town/City

Providence

County/Region

Providence

MLS | Web ID

1351333
Features
General
Sewer PublicSewer
Utilities NaturalGasConnected
Construction Materials Brick Frame
Year Built 1930
Electric Item200AmpService
Property SubType Commercial
Tax Year 2023
Business Type Retail
County Providence
Net Operating Income 33969.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Providence
Buyer Agent Compensation 2.5%
View Y/N N
Senior Community Y/N N
Total Units 1
Lot Size Square Feet 3192.0
Waterfront Y/N N
Carport Y/N N
Street Name Pocasset
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8091.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Lease Type Gross
Standard Status Active
Tax Assessed Value 229600
Tax Lot 147
Cap Rate 7.09
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Exterior
Water Source Public
Total Parking 0.0
Lot Size Area 3192.0
Number of Buildings 1
Spa N
Building Area Total 2563.0
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 2563.0
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 275
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

chris@daltigroup.com

Email

Affordability Calculator

$4,020
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,346
Monthly Property Taxes
$674
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/19/2024$479,000 Listed Price

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275 Pocasset Avenue, Providence, RI, 02909 is a Commercial Property for sale at $479,000 with 2,563 sqft and a lot size of 0.073278. 275 Pocasset Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 02909 which is in Providence, RI

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