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248 Church 248 Church St 5 Unit Apartment Building $899,900 ($179,980/Unit) 8.03% Cap Rate Pascoag, RI 02859
INVESTMENT HIGHLIGHTS
- TurnKey
- Income Generating
- Exceptional Property
EXECUTIVE SUMMARY
Exceptional 5-unit investment property offering turn-key income and long-term stability! Two buildings on one lot—a traditional style 3 unit and a modern duplex (built 2010), producing a solid rental income, with some under market rents. All have in-unit laundry hookups, separate utilities, and private storage. Apartments have been fully renovated with stylish finishes, modern kitchens, and updated bathrooms. The duplex has an expansive basement, good for landlord and tenant storage. Plenty of
parking and yard on this 32,000 square foot lot. With city water/sewer, newer systems, and strong tenancy in place, this well maintained property delivers the perfect balance of charm, function, and reliable cash flow in the heart of Pascoag. Inquire for property financials.
parking and yard on this 32,000 square foot lot. With city water/sewer, newer systems, and strong tenancy in place, this well maintained property delivers the perfect balance of charm, function, and reliable cash flow in the heart of Pascoag. Inquire for property financials.
PROPERTY FACTS
| Price | $899,900 | Building Class | C |
| Price Per Unit | $179,980 | Lot Size | 0.74 AC |
| Sale Type | Investment | Building Size | 5,218 SF |
| Cap Rate | 8.03% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 2.49/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C1 - Multi-Family Property | ||
| Price | $899,900 |
| Price Per Unit | $179,980 |
| Sale Type | Investment |
| Cap Rate | 8.03% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 5,218 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 2.49/1,000 SF |
| Zoning | C1 - Multi-Family Property |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Yard
- Dining Room
- Double Pane Windows
- Lawn
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Trash Pickup - Curbside
- Storage Space
- Private Bathroom
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PROPERTY TAXES
| Parcel Number | BURR-000157-000000-000040 | Improvements Assessment | $591,100 |
| Land Assessment | $101,300 | Total Assessment | $692,400 |
PROPERTY TAXES
Parcel Number
BURR-000157-000000-000040
Land Assessment
$101,300
Improvements Assessment
$591,100
Total Assessment
$692,400
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248 Church | 248 Church St
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