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1301 Narragansett Boulevard, Cranston, RI, USA, 02905

  • Posted: 2/21/2024 4:55:02 AM

Compensation: $0

$1,250,000 USD

Property package includes 11 units in three large buildings offering over 15,000sf of living space. Two buildings have four units each and one building has three units. There is a total of 32 bedrooms from a mix of two, three and four bedroom units located in the heart of Edgewood at 1301 Narragansett Bl, 79 Shaw Ave and 56 Columbia Ave being sold as a package only. There is parking for 18+ vehicles in a parking area located behind all three buildings. Cap rate is at 9 and the potential for higher rent is substantial. New Roofs, exterior paint, some interior upgrades, fantastic rental history and a beautiful area make this turnkey investment the one that you have been looking for.