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Listed by Paula Forbes of Central Falls Realty
Great opportunity to owner-occupy and have your mortgage paid for. Buy now with the dropping interest rates. This 4-unit building is a very easy walk to downtown and to the train station. There are 2 one-bedroom units, 1 two-bedroom, and 1 three-bedroom. ROOM FOR INCREASE IN THE RENTS. 5.5% CAP RATE BUT COULD EASILY BE 6.5% A Lot of renovations have been done. INCLUDES one just renovated bathroom in unit 26.5 (new tub surround, new floors, walls, paint, vent fan, vanity, and lighting). Also 1st floor bump out and overhang roofs completely replaced with water and ice shield, rolled roofing and new trim and drip edge installed, drainpipe from 2nd floor to 1st floor cut out and replaced, both boilers serviced Jan 17, 2024. Also, previous repairs were two new boilers, parking lot created and paved behind building, refinished hardwood floors, 3 units with new kitchen cabinets, some new appliances, and some new flooring. Great quiet neighborhood, ample basement storage and large yard out back. SELLER TO PAY $10K TOWARDS BUYERS POINTS OR CLOSING COSTS! Open House this SUNDAY JAN 28TH, 2024 @ 10-12.

Property Details of 26 Mount Vernon Street

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 21, 2024 6:57 PM EST

 

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