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Mehdi Mechtaly
Keller Williams Realty 
RI & MA

401-662-2129
Contact Me

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$699,000 For Sale

440 - 436 Main St
Warren, RI 02885

6 units |

lot: 5162 sq ft
Commercial: Mixed Use - MLS# 1213882
Property Photo
1/40

Description

Investors take notice!!! Opportunity to purchase a package of two properties totaling 9 units! Meticulously maintained mixed use property with high CAP rate. High visibility with high traffic, located in Warren's downtown historic shopping district - near restaurants, retail, and historic Cutler Mill. Large, sunny 2 & 3 bedroom apartments over commercial units. The residential units have been renovated with updated high efficiency heating system, electric and fire system. Multi year leases are in place for the commercial units. P&L and floor plans attached!

Features

  • Approx Lot Square Foot: 5162.0000
  • Basement: Full
  • Building: Brick, Frame
  • Ceiling Height: 7-9 Ft, 9-12 Ft
  • Community Amenities: Jogging Paths, Restaurant(S)
  • Cooling: None, Window Units
  • County/Area: Bristol County
  • Electric: 400 Amps, 440+ Volts
  • Foundation Type: Brick, Mixed
  • Gas: Connected
  • Heating System: Steam
  • Historic: Local Historic District, None
  • Last Change Type: New Listing
  • Laundry: Yes
  • Listing Status: Active
  • Location: Downtown
  • Lot Size: 0.1185
  • Main Type: Commercial Multi And Mixed Use Listings
  • Near: Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School
  • Number Of Buildings: 2
  • Number Of Levels: 2
  • Owner Expenses: 29000.0000
  • Owner Pays: Insurance, Sewer, Taxes, Trash Services, Water
  • Owners Gross Income: 123120
  • Property Type: Commercial
  • Road: High Traffic, Municipal, Sidewalks
  • Sewer: Connected, Public Connected
  • Site: Corner, Security, Sidewalks
  • Sub Type: Mixed Use
  • Subdivision: Downtown
  • Subdivision/Neighborhood: Downtown
  • Tenant Pays: Electric, Heat, Trash Service
  • Total Unitsin Complx: 10
  • Unit Ttl Rent MFM: 123120
  • Units: 6
  • Utilities: Electric, Gas, Gas Connected, Municipal Water, Street Lights
  • Vacancy Rate: 10
  • Water Supply: Connected, Public Connected
  • Year Built: 1900
  • Zip Code: 02885
  • Zoning: 08



Mehdi Mechtaly | 401-662-2129 | Contact Me
47 Valley Rd - Middletown, RI 02842
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