203 - 205 Hunt ST, Central Falls, RI 02863
$950,000 | Real Estate, Rental, Residential | Commercial/Business | MLS # 1362366
Welcome to this exceptional investment opportunity, featuring a well-maintained residential building with 8 spacious one-bedroom units. Each unit offers comfortable living spaces, making them highly desirable for tenants. The property boasts durable vinyl siding and roofs, both of which were updated 12 years ago, ensuring low maintenance and long-term durability. In addition to the residential units, the property includes a large garage, currently not rented. This presents an excellent opportunity to generate additional rental income or utilize the space for various purposes. Furthermore, there is a potential area within the property to create a 9th unit, perfect for a studio apartment, adding even more value to this investment. This property is an ideal 1031 exchange project, offering significant opportunities for a buy-and-hold strategy or a value-add project. With its solid structure and potential for increased revenue, this is a prime investment for savvy investors looking to expand their portfolio.
| Location | |
|---|---|
| City | Central Falls |
| Historic | None |
| Near | Bus |
| Interior | |
|---|---|
| Living Area | 0 Sq.Ft. |
| Cooling | None |
| Electric | 100 Amps |
| Basement Type | Full |
| Furnished | No |
| Exterior | |
|---|---|
| Foundation Type | Concrete |
| Parking Spaces | 10 |
| Sewer | Connected |
| Additional Information | |
|---|---|
| Assessment | $687,500 |
| Assessor Lot | 68 |
| Assessor Plat | 03 |
| Occupancy Close | 1-45 Days, 46-90 Days |
| Building Levels | 2 |
| Water Supply | Connected |
| Zoning | R |
Listing Office: Real Broker, LLC
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. ©2025 State-Wide Multiple Listing Service. All rights reserved.
