Address
300 Smithfield Road, North Providence, RI
Price
$ 995,000
Property Attributes
  • MLS#1352917
  • TypePending
  • CountyPROVIDENCE
  • CityNorth Providence
  • Zip02904
  • StyleCommercial
  • Year Built1972
  • Taxes$ 9158
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3400
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Prime condition 6 units at Country Lane estates. Properties are being sold in a package as is. CONDITION Alarm system up to code Sprinkler system in Building 5 Siding replaced 2019 & 2020 All roofs replaced since 2014 Hallway rugs replaced 2017 New mailboxes 2022 and new laundry machines 2022 Wired for Verizon FiOS 200 parking slots plus 50 guest parking slots Replacement of all external rear doors and internal lobby doors planned 2024 Stable management company since 2016 Condo Association has solid reserve funding Supplemental Assessment ends 8/2026. No decision if it will continue for a third 5-year tranche

Price History
2/15/2024 Listed $1,025,000
4/4/2024 3% - $995,000

General Features

Sewer Connected
Utilities SewerConnected
Construction Materials Brick,Frame,Masonry
Year Built 1972
Electric Item100AmpService
Property SubType Commercial
Tax Year 2023
Gross Income 99600.0
County Providence
Net Operating Income 66961.0
Insurance Expense 1562.0
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Pending
City North Providence
Buyer Agent Compensation 2%N
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 0.0
Waterfront Y/N No
Carport Y/N No
Street Name Smithfield
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 9158.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 55
Structure Type MultiFamily
Standard Status Pending
Cap Rate 6.5
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 3400.0
Street Suffix Road
Electric On Property Y/N No

Exterior Features

Total Parking 12.0
Lot Size Area 0.0
Number of Buildings 3
Spa No
Building Area Total 3400.0
Road Surface Type Asphalt,Concrete
Lot Size Units SquareFeet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 02904

Price
AVG $350K
$1,000K
Taxes
AVG $4,349
$9,158
Visits
AVG 227
118
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1972

Areas We Cover