Mixed use property with commercial use on the first level and a residential unit on the second level. Building was constructed in 1982. Lot size is approximately 16,117 sf. with adequate parking. Quick access to both Interstate 295 and Route 146. There is currently a 960-sf. greenhouse on the property. Building has a full walk-out basement for storage and utilities as well as a half bath. First level is mainly open and was used for retail of produce. Second level had a one-bedroom residential apartment. This building has many possibilities!
Investors take note! This income-generating 7 unit offers plenty of cashflow with updated market rent. Five units include 3 spacious bedrooms, dine-in kitchens and open living room area. One unit offers 2 bedrooms with the same layout and the last unit is a spacious studio. 6 of the 7 units have been completely renovated and offer access to a shared front balcony. Off-street parking for up to 10 cars (each unit has one parking spot) with plenty of street parking as well. Property is up to fire code and complete with new electrical, boilers, and hot water heaters. $9500/monthly income. Do not miss out on this fully-occupied opportunity. Schedule a showing today!
The median home value in Manville, RI is $371,600. This is lower than the county median home value of $372,900. The national median home value is $338,100. The average price of homes sold in Manville, RI is $371,600. Approximately 34.31% of Manville homes are owned, compared to 52.97% rented, while 12.73% are vacant. Manville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Manville real estate agent to arrange a tour today!
Manville, Rhode Island 02838 has a population of 3,904. Manville 02838 is more family-centric than the surrounding county with 37.1% of the households containing married families with children. The county average for households married with children is 27.53%.
The median household income in Manville, Rhode Island 02838 is $59,883. The median household income for the surrounding county is $65,797 compared to the national median of $69,021. The median age of people living in Manville 02838 is 31.1 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 50.7 inches per year, with 40.5 inches of snow per year.