MLS® ID: 1225953
39 Pleasant Street
West Warwick, Rhode Island, 02893 $339,900
Rare legal 6 family with plenty of parking, fully occupied generating nearly $65,000 per year in gross rents. See attached profit and loss, this building should produce approximately $10,000 per year in cash flow after accounting for vacancy, expenses and mortgage payments. 1 3-bedroom unit, 1 2-bedroom unit and 4 1-bedroom units. One gas heating system and one large gas fired hot water tank mean fewer mechanicals for you to service/replace. One electric meter makes it easy to manage turnovers because you will not need to change over utilities. All tenants rents include heat, hot water and electricity. 3 Propane tanks provide fuel for gas stoves only. Well appointed, with several recently renovated apartments make them easy to rent. Building is fully fire coded and completely turnkey.