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Key Details
Sold Price $370,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,850 sqft
Price per Sqft $47
Subdivision Arctic Village
MLS Listing ID 1301248
Sold Date 02/08/22
HOA Y/N No
Abv Grd Liv Area 7,850
Year Built 1900
Annual Tax Amount $12,965
Tax Year 2020
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Unique historic building is located at the corner of Washington Street and Crawford Street. This mixed use property consist of 4 residential apartments, three 2 bedroom units and one 1 bedroom unit, and 2 retail storefronts. All new electric service throughout. Revitalization of the once vibrant downtown West Warwick has been underway for the past several years and continues with the recent additions of CVS, The Arctic Theater, all new residential housing on the site of the former Holmes Jewelers with more to come.
Currently operating at full occupancy with annual gross income at $63,000.
Apartment 1 $900 per month
Apartment 2 $1,000 per month
Apartment 3 $1,000 per month
Apartment 4 $1,100 per month
Storefronts $1,200 per month
Location
State RI
County Kent
Community Arctic Village
Rooms
Basement Full
Interior
Heating Other
Exterior
Total Parking Spaces 2
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Tax ID 115117WASHINGTONSTWWAR
Financing Cash
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Bought with Keller Williams Coastal