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    177 Albert Ave

    Cranston, RI 02905
    • $880,000
    • STATUS: Active
    • MLS #: 72702776
    UPDATED: 42 min ago
    $880,000
    • 8
      BEDS
    • 0.24
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 5,740
      SQFT
    • $153
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Harry Verenis of Marcus & Millichap Real Estate Investment Services.

    Description

    The property consists four (4) apartments including two 2-bedroom 1bathroom units and two 2-bedroom 2-bathroom townhouse-style units with private balconies. 177 Albert Ave sits on an oversized 10,620 SqFt lot with ample off street parking spaces including two private garage spots. Located in the desirable Edgewood neighborhood of Cranston and minutes to Pawtuxet Village, the property was extensively renovated in 2019 including new kitchens featuring quartz countertops, stainless steel appliances and refinished original hardwood floors. The townhouse units feature master bedrooms with private bathrooms, walk-in showers, in-unit washer /dryer, and are equipped with three mini-split heating / cooling units. Bringing in $8,100 in monthly rent, 177 Albert Ave offers investors the opportunity acquire a stabilized, cash-flowing asset with low maintenance.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-19T16:22:00.86.
    www.teamrosoremax.com/homes/108503140
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    177 Albert Ave Cranston, RI 02905

    • Price: $880,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 72702776
    8
    Beds
    6
    Baths
    0
    ½ Baths
    0.24
    Acres
    5,740
    SQFT
    $153
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Providence
    Area:
    Other
    Property Description
    The property consists four (4) apartments including two 2-bedroom 1bathroom units and two 2-bedroom 2-bathroom townhouse-style units with private balconies. 177 Albert Ave sits on an oversized 10,620 SqFt lot with ample off street parking spaces including two private garage spots. Located in the desirable Edgewood neighborhood of Cranston and minutes to Pawtuxet Village, the property was extensively renovated in 2019 including new kitchens featuring quartz countertops, stainless steel appliances and refinished original hardwood floors. The townhouse units feature master bedrooms with private bathrooms, walk-in showers, in-unit washer /dryer, and are equipped with three mini-split heating / cooling units. Bringing in $8,100 in monthly rent, 177 Albert Ave offers investors the opportunity acquire a stabilized, cash-flowing asset with low maintenance.
    Exterior Features

    Beachfront No Construction Frame Exterior Vinyl Exterior Features Balcony Foundation Fieldstone Lot Description Paved Drive Parking Features Off-Street Parking Spaces 8 Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Appliances Common WasherDryer Basement Yes Basement Features Unfinished Basement Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Common Ductless Mini-Split System Fireplaces 4 Fireplaces Unit1 1 Fireplaces Unit2 1 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 2 Full Baths Unit4 2 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heating Common Hot Water BaseboardWall Unit Hot Water Natural Gas Interior Features Common Ceiling FansHardwood FloorsUpgraded CabinetsUpgraded CountertopsWood FlooringWalk-In ClosetBathroom With Shower Stall Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 2 Levels Unit4 2 Rooms 20 Rooms Common Laundry Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 6 Rooms Unit4 6

    Property Features

    Apod Available Yes Assessments 527400.00 Disclosure No Electric Features Individually Metered Exclusions 4 Unit Multifamily. Monthly Rent Roll Of $8100 Expenses Source Owner Provided Expenses Year End 01/20 Gross Operating Income 97200 Lead Paint NoneUnknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 4 Family Net Operating Income 69734 Rent Unit1 1500 Rent Unit2 1500 Rent Unit3 2400 Rent Unit4 2700 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Owner Tax Year 2019 Taxes 10954.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning B1

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Harry Verenis of Marcus & Millichap Real Estate Investment Services.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-19T16:22:00.86.
     
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    Listing courtesy of Harry Verenis of Marcus & Millichap Real Estate Investment Services.