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Listing Details

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School Ratings & Info

Description

The perfect investment package! 2 multi-family properties with 5 rental units and a package store business. Newly renovated unit at building #7 and a new roof for building #15. The liquor store has been in business for over 20 years. Strategically located in the busy corner of Route 1 and Route 2, its the only package store in semi-rural Pawcatuck-Westerly downtown. This liquor store business offers easy cash flow to an owner-operator or to an absentee owner. Potential for over $50k annual rental income. The Buyer must apply for a liquor license. Inventory not included.

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© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. IDX information is provided exclusively 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: 2021-09-17T09:37:42.517.
www.edgerealtyri.com/homes/110975919
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7 Liberty Street Pawcatuck, CT 06379

  • Price: $999,999
  • Status: Active
  • Updated: 20 min ago
  • MLS #: 1267391
0
Beds
0
Baths
0
½ Baths
0.2
Acres
4,968
SQFT
$201
$/SQFT
1880
Built
County:
New London
Area:
Pawcatuck
Property Description
The perfect investment package! 2 multi-family properties with 5 rental units and a package store business. Newly renovated unit at building #7 and a new roof for building #15. The liquor store has been in business for over 20 years. Strategically located in the busy corner of Route 1 and Route 2, its the only package store in semi-rural Pawcatuck-Westerly downtown. This liquor store business offers easy cash flow to an owner-operator or to an absentee owner. Potential for over $50k annual rental income. The Buyer must apply for a liquor license. Inventory not included.
Exterior Features

Construction Materials Frame Foundation Details Brick/MortarCombinationConcrete Perimeter Parking Total 12

Interior Features

Basement Full Basement YN Yes Cooling Central AirWindow Unit(S) Furnished Unfurnished Heating BaseboardForced AirZoned

Property Features

Community Features MarinaNear HospitalNear SchoolsRecreation AreaShoppingSidewalksHigh Traffic LocationStreet Lights Current Use Residential Electric Fuses Inclusions Ffe Land Lease YN No Laundry Features In Unit Operating Expense 0 Owner Pays Exterior MaintenanceGrounds CareInsuranceManagementSnow RemovalTaxes Possible Use InvestmentMulti-FamilyMixed UseResidentialRetail Property Sub Type Retail Road Frontage Type State Road Road Surface Type AsphaltConcretePaved Security Features Security SystemClosed Circuit Camera(S)Carbon Monoxide Detector(S)Fire AlarmFire Sprinkler SystemSmoke Detector(S) Sewer Connected Tax Annual Amount 7810 Tax Assessed Value 310400 Tax Lot 0 Tax Year 2020 Tenant Pays Cable TvElectricityGasHeatHot Water Utilities Cable AvailableElectricity AvailableNatural Gas ConnectedSewer ConnectedWater Connected Water Source ConnectedPublic Zoning Db-5

Listing information © 2021 State-Wide Multiple Listing Service.
Listing provided courtesy of William Raveis Real Estate.





© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. IDX information is provided exclusively 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: 2021-09-17T09:37:42.517.
 
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Edge Realty RI
1007 Boston Neck Road
Narragansett RI, 02882