125 Broad Street / 8 Bells / 12-16 Bells CT, Cumberland, RI 02864

$1,699,900  |  Commercial/Business  |  Multi Family  |  MLS # 1341872

11 UNITS (all 3 and 2 bedrooms) NEW ROOF! NEW SIDING! NEW MECHANICALS! SMOKE SYSTEMS UPDATED! OFF-STREET PARKING!

This meticulously maintained property consists of four separate buildings, each echoing over a century of family pride and dedication. Being in the same family for over 100 years, every brick, every corner, and every unit radiates the meticulous care and attention to detail that has been infused over the generations. This is not just an asset—it’s a legacy.

At a glance, the property showcases:

An enviable pro-forma 7.8-9% cap rate.
Potential to optimize rents, ensuring both current income and a promising future of growth.
Units that stand as a paragon of meticulous maintenance and care.

The location’s inherent convenience and charm have invariably led to sustained demand, ensuring optimal occupancy rates year-round. This property not only offers immediate cash flow but serves as an emblem of a rich heritage and a brighter future. For investors, this is more than just a real estate offering—it’s a chance to partake in a century-old legacy while reaping consistent financial rewards. Seize the opportunity. Step forward, immerse yourself in a rich tapestry of history, and embark on a rewarding journey of a lifetime with this real estate gem. Your key to a prosperous future awaits.


Location
City Cumberland
Historic None
Near Bus, Highway Access, Interstate, Public School, Recreational Facilities, Restaurants, Schools, Shopping
Interior
Living Area 0 Sq.Ft.
Cooling None
Electric Circuit Breaker
Basement Type Full
FurnishedNo
Exterior
Foundation Type Concrete
Parking Spaces 22
Sewer Connected, Municipal
Additional Information
Assessment $1,110,500
Assessor Lot 0207
Assessor Plat 002
Occupancy Close Month to Month
Building Levels 11
Water Supply Connected, Municipal

Listing Office: Smith and Oak Real Estate Co.
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 is deemed reliable but is not guaranteed. © 2016 State-Wide Multiple Listing Service. All rights reserved.

Information is deemed reliable but is not guaranteed

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 is deemed reliable but is not guaranteed. ©2024 State-Wide Multiple Listing Service. All rights reserved.