$4,300,000

5 Morrill Lane, North Providence, RI 02904

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon0.93acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

ATTENTION INVESTORS An exceptional and rare investment opportunity in North Providence! This meticulously maintained condo townhouse complex consists of 12 well-appointed residential units. Each unit offers three levels of living space, featuring 3 spacious bedrooms, 2.5 baths, and generous outdoor deck/patio areas on every floor. Each unit also boasts a garage and driveway space for added convenience. With central heating and A/C throughout, these units offer year-round comfort. All units are fully rented, ensuring a steady income stream and making this a highly profitable investment. Situated in a prime, highly sought-after location, this is a must-see for investors seeking a stable and lucrative property. Don't miss this incredible opportunity to add a high-performing asset to your portfolio with lots of upside rental potential! Great opportunity to buy all condos and split up to sell separately, approximately $600k profit!

Listing Status:
Active
Date Added:
March 18, 2025 at 05:00AM
Listing Office:
Century 21 The Seyboth Team : 401-415-8527
MLS ID:
1379922
  • Laundry: In Unit
  • A/C: Central Air

This listing courtesy of Century 21 The Seyboth Team

Location

Schools Nearby

W

Whelan Elementary School

1440 Mineral Spring Ave, North Providence, RI, 02904

Grades KG-5

0.81 miles away

B

Birchwood Middle School

10 Birchwood Dr, North Providence, RI, 02904

Grades 6-8

1.28 miles away

N

North Providence High School

1828 Mineral Spring Ave, North Providence, RI, 02904

Grades 9-12

1.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.