Diamond Hill Portfolio 3 Properties Offered at $2,550,426 CAD in Cumberland, RI

Fantastic Opportunity to own a Mixed Use 4-Unit (2200), Mixed Use 6-Unit and a .55 Acre Vacant Lot located between Chapel Four Corners and I295 on Diamond Hill Road. The 4-Unit has 2 Commercial Units on the 1st Level and 2 Residential Apartments on the 2nd Level. Separate Electrical Meters for each unit and a House Meter. Three Units are Heated and Cooled with Ductless Units and one unit is Heated with Electric Baseboard and Cooled with a Window Unit. Hot Water is paid by the owner along with the Water and Sewer. Building is Fire Alarmed. The one Commercial Vacancy was being occupied by the owner. Parking for 8 to10 vehicles. Additional income generated for a sign that is located on the property for a neighboring assisted living facility.
The adjacent Mixed Use 6-Unit (2220) currently has 2 Commercial Units, one on the 1st Level and one on Lower Level. There are 4 Residential Apartments, 2 on the 1st Level and 2 on the 2nd Level. A Two Stall Garage is attached to the building...one stall is utilized by the Unit 1 Tenant and other is rented out by a 3rd party non resident. Separate Electric for 5 units plus a House Meter. Heat is paid by owner with One Gas IBC High Efficiency Direct Vent Boiler with 6 Zones. Hot Water is paid by the owner along with the Water and Sewer. Washer and Dryer is provided in Basement. Building is Fire Alarmed. The Building is currently Fully Occupied. Parking available for 14 Plus Vehicles. Adjacent to the 6 Unit is a .55 acre Vacant Lot with Water, Sewer and Gas available. All 3 parcels carry the same C-1 Mixed Use Zoning. All 3 properties are being offered together as a package, or as an option, the 4 Unit (2200) can be sold as a stand alone and the 6 Unit (2220) along with vacant lot (2222) can be sold together. Have survey for 6-Unit and Vacant Lot. Many possibilities…!