John Slyman
This listing was posted on RealtyWW.
$700,000
Laurel Hill Ave, Cranston, Home For Sale
Price:
$700,000
BR/BA:
8 BR, 5 BA
Location:
543 Laurel Hill Ave, Cranston, RI
Description:
Gorgeous 5-unit investment property in mint condition located in a desirable single-family neighborhood in Cranston on a corner lot. The building features a strong unit mix, including a spacious 3-bed/1-bath unit, a 2-bed/1-bath unit, and three 1-bed/1-bath units. Several of the units have received interior upgrades over the years. All units are clean, in mint condition, and have excellent tenants! The property boasts a 7.7% cap rate with a 10% cap and 16% cash-on-cash returns at pro-forma. Total pro-forma annual income is $102, 000, with a current annual income of $84, 600. There are off-street parking spaces for tenants, a wrap-around porch, a covered patio, ample off-street parking, and 2 garages. This is a great opportunity to acquire an asset that cash flows from day one and still has significant value to add plus upside in the rent roll. Financials are available upon request. Reach out to schedule a private tour on Saturday, 7/6, in the afternoon.For more details: https://realtyww.info/homes_cranston-d530735/for-sale_i73710327
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More About this Listing: Laurel Hill Ave, Cranston, Home For Sale
Laurel Hill Ave, Cranston, Home For Sale is a Eight Bedroom 5.5 Bath Single-Family Homes for Sale at 543 Laurel Hill Ave in Cranston RI. Find other listings like Laurel Hill Ave, Cranston, Home For Sale and listings near 543 Laurel Hill Ave by searching Oodle Classifieds for Eight Bedroom 5.5 Bath Single-Family Homes for Sale in Cranston RI.
Laurel Hill Ave, Cranston, Home For Sale is a Eight Bedroom 5.5 Bath Single-Family Homes for Sale at 543 Laurel Hill Ave in Cranston RI. Find other listings like Laurel Hill Ave, Cranston, Home For Sale and listings near 543 Laurel Hill Ave by searching Oodle Classifieds for Eight Bedroom 5.5 Bath Single-Family Homes for Sale in Cranston RI.