300 Smithfield Road North Providence, RI $ 995,000
300 Smithfield Road
$ 995,000
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300 Smithfield Road

North Providence, RI, 02904
$ 995,000
Baths0.0 Sq 3,400

Monthly Estimate*

$ 6,950

300 Smithfield Road, North Providence, RI 02904 - Image 1
300 Smithfield Road, North Providence, RI 02904 - Image 2
300 Smithfield Road, North Providence, RI 02904 - Image 3
300 Smithfield Road, North Providence, RI 02904 - Image 4
300 Smithfield Road, North Providence, RI 02904 - Image 5
300 Smithfield Road, North Providence, RI 02904 - Image 6
300 Smithfield Road, North Providence, RI 02904 - Image 7
300 Smithfield Road, North Providence, RI 02904 - Image 8
Studio

Commercial Property for sale in North Providence, RI

for $995,000. This 3,400 square foot building was built in 1972.

Prime condition 6 units at Country Lane estates. Properties are being sold in a package as is. CONDITION Alarm system up to code Sprinkler system in Building 5 Siding replaced 2019 & 2020 All roofs replaced since 2014 Hallway rugs replaced 2017 New mailboxes 2022 and new laundry machines 2022 Wired for Verizon FiOS 200 parking slots plus 50 guest parking slots Replacement of all external rear doors and internal lobby doors planned 2024 Stable management company since 2016 Condo Association has solid reserve funding Supplemental Assessment ends 8/2026. No decision if it will continue for a third 5-year tranche

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Commercial Pending

Price

$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,158

Style

Commercial

Year Built

1972

Town/City

North Providence

County/Region

Providence

MLS | Web ID

1352917

Features
General
Sewer Connected
Utilities SewerConnected
Construction Materials Brick Frame Masonry
Year Built 1972
Electric Item100AmpService
Property SubType Commercial
Tax Year 2023
Gross Income 99600.0
County Providence
Net Operating Income 66961.0
Insurance Expense 1562.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Pending
City North Providence
Buyer Agent Compensation 2%N
View Y/N N
Senior Community Y/N N
Total Units 0
Lot Size Square Feet 0.0
Waterfront Y/N N
Carport Y/N N
Street Name Smithfield
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9158.0
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 55
Structure Type MultiFamily
Standard Status Pending
Tax Assessed Value 0
Tax Lot 0
Cap Rate 6.5
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Exterior
Total Parking 12.0
Lot Size Area 0.0
Number of Buildings 3
Spa N
Building Area Total 3400.0
Road Surface Type Asphalt Concrete
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 3400.0
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 300
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

imcommercial@yahoo.com

Email

Affordability Calculator

$7,714
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,950
Monthly Property Taxes
$763
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
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$995,000 -2.93% Price Down
2/15/2024$1,025,000 Listed Price

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300 Smithfield Road, North Providence, RI, 02904 is a Commercial Property for sale at $995,000 with 3,400 sqft. 300 Smithfield Road is a studio with 0.0 baths and was built in 1972. The property's zip code is 02904 which is in North Providence, RI