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207-209 Cross St 6 Unit Apartment Building $1,522,400 CAD ($253,733 CAD/Unit) 7.44% Cap Rate Central Falls, RI 02863
Executive Summary
Renovated in Central Falls. Value-add through rent increases to bring up to market level. Fantastic rental history and attractive to finance.
Property Facts
| Price | $1,522,400 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $253,733 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.44% | Building Size | 3,570 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | M-1 | ||
| Price | $1,522,400 CAD |
| Price Per Unit | $253,733 CAD |
| Sale Type | Investment |
| Cap Rate | 7.44% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,570 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
| Zoning | M-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+6 | 6 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | CENT-000006-000000-000013 | Improvements Assessment | $497,410 CAD |
| Land Assessment | $145,320 CAD | Total Assessment | $642,730 CAD |
Property Taxes
Parcel Number
CENT-000006-000000-000013
Land Assessment
$145,320 CAD
Improvements Assessment
$497,410 CAD
Total Assessment
$642,730 CAD
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207-209 Cross St
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