INVESTORS DREAM PROPERTY. Two buildings on one legal lot in the heart of Fox Point (4 unit and 3 Unit). Short walk to ThayerStreet, Brown University, Hope Street and much more. This is a well sought after location on the East Side. Prime location to collect premium rents. 160 Transit Street features two 3 bedroom units and one 2 bedroom unit. 162 Transit Street features two 2 bedroom units and two 1 bedroom units. Both buildings are very well maintained and offer low maintenance ownership. Both homes also feature newer roofs and updated mechanicals. This is an opportunity for both stable cash flow and long-term appreciation that does not come along often in this area!! This CASH COW 7 UNIT PACKAGE is selling at a discount as both buildings are located on one lot. Solid tenant history and plenty of room for improvement in rents over time. This is perfect for any investor looking to have a steady flow of income and obtain properties that will maintain value over time. Opportunity is knocking as there are very few structures like this in the Fox Point area. Don’t miss this CHANCE to obtain prime real estate at a great price. Rental income monthly in excess of $7, 000!!
Property Features
Bathrooms
- Total Bathrooms: 0.00
Heating and Cooling
- Heating Features: Baseboard, Central Heat, Steam
Other Rooms
- Basement Description: Full
Other Property Info
- Annual Tax Amount: 21113.0000
- Source Listing Status: Active
- Tax Year: 2017
- Source Property Type: Commercial Multi and Mixed Use Listings
- Postal Code Plus 4: Post
- Source System Name: C2C
Building and Construction
- Year Built: 1895
- New Construction: N
- Property Age: 124
- Levels or Stories: 3
- House Style: Commercial
Utilities
- Water Source: Connected
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Price: $ 849,500
- Bedrooms : 1
- Bathrooms : 1
- Garages : 1
- Year Built : 1895
Location On Map
Neighbourhoods:
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School
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Park
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Hospital
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Restaurant
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Bank
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Zoo
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