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$380,000
Total Beds: 8 Total Baths: 4
Total Units: 6 SQFT: 4872
LOT size: 0.09 Acres
32 Crossman
Central Falls, RI 02863

Property Description

Motivated Seller. Reflected in new price. Don't miss out on this investment property with great income possibilities. City has APPROVED FOR THIS TO BE CONVERTED TO A 4 UNIT. Use a 203K to convert to a 4 unit. Agents this is a great option for your FHA buyers that can't find a 4 unit in this competitive market. Also great for investors looking for a flip or hold. Currently two buildings with a total of 6 units. 2 street level commercial spaces. 4 residential units. 1 commercial space is currently vacant. A total of 4872SQFT. Property does need some repair to bring it back to it's maximum income producing state!!!

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Levels: 3
  • Total Rooms: 18
  • RMS: 19
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Amenities: Highway Access, House of Worship, Laundromat, Park, Private School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full, Interior Access

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 49200
  • Net Operating Income: 49200

Utilities

  • Electric Info: 100 Amps, 60 Amps/Less, Circuit Breakers, Fuses, Nearby, None, Other (See Remarks), Underground
  • Green Certified: No
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 500
  • Under Lease: No
  • Rooms: 2
  • Floors: 1
  • Bedrooms: 1
  • Full Baths: 1
  • Levels: 1

Unit 2 Description

  • Rent: 700
  • Under Lease: No
  • Rooms: 4
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 1
  • Levels: 1

Unit 3 Description

  • Rent: 950
  • Under Lease: No
  • Rooms: 4
  • Bedrooms: 2
  • Full Baths: 1

Unit 4 Description

  • Rent: 650
  • Under Lease: No
  • Rooms: 3
  • Half Baths: 2
Unit 5 Description
  • Rent: 1300
  • Under Lease: No
  • Rooms: 5
  • Bedrooms: 3
  • Full Baths: 1
  • Half Baths: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Flooring Type: Hardwood, Laminate, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 72922790
  • Last Updated: 11/29/21

Mortgage Calculator

Click to see breakdown

Map

Seller's Representative: Colette Gnacadja, HomeSmart Professionals Real Estate

© 2021 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2021-11-29 09:00:51

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