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8.44% CAP Rate for Value-Add 3-Family 52 Dennis Ave

3 Unit Apartment Building $620,000 ($206,667/Unit) 8.44% Cap Rate Cranston, RI 02905

Apartment Buildings Rhode Island Cranston 52 Dennis Ave, Cranston, RI 02905

Executive Summary

Value-Add, three-unit multifamily. Room to grow rents. Parking. Johnson and Wales neighborhood. New windows, hardwood floors.

Attachments

52 Dennis Proforma 09-03-2024

Property Facts

Price $620,000 Property Subtype Apartment
Price Per Unit $206,667 Building Class C
Sale Type Investment Lot Size 0.06 AC
Cap Rate 8.44% Building Size 2,579 SF
No. Units 3 No. Stories 3
Property Type Multifamily Year Built 1910
Price $620,000
Price Per Unit $206,667
Sale Type Investment
Cap Rate 8.44%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 2,579 SF
No. Stories 3
Year Built 1910
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Walk Score ®
Very Walkable (71)
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PROPERTY TAXES

Parcel Number CRAN-000002-000004-000394 Improvements Assessment $266,600
Land Assessment $99,200 Total Assessment $365,800

PROPERTY TAXES

Parcel Number
CRAN-000002-000004-000394
Land Assessment
$99,200
Improvements Assessment
$266,600
Total Assessment
$365,800
(843) 367-0291

  • Listing ID: 33047607

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 52 Dennis Ave, Cranston, RI 02905

More public record information on 52 Dennis Ave, Cranston, RI 02905

The Multifamily Property at 52 Dennis Ave, Cranston, RI 02905 is currently available For Sale. Contact NAI ADVISORS for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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8.44% CAP Rate for Value-Add 3-Family | 52 Dennis Ave
(843) 367-0291 x

8.44% CAP Rate for Value-Add 3-Family | 52 Dennis Ave

Bob Berle

(843) 367-0291

(843) 367-0291

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