Description
Income generating multi-families in N Smithfield aren’t very common..especially with being dually zoned for residential or business as well! This 2 Family located in the heart of North Smithfield is close to highway access, restaurants and shopping and could be a fantastic owner occupant or home business investment! The home, built in 1925, has a very solid feel to the structure and, while apartments could be rented out in their current condition, a fresh facelift and cosmetics could go a long way on building equity and higher rents. Each unit offers 3 bedrooms (one of the bedrooms on the first floor is currently set up as a large laundry room), full baths with tub/shower, wash pantries off the kitchen, and eat in kitchens with fridge and oven/range, as well as double living rooms with either exposed hard woods or carpet covered. Each unit also has its own enclosed porch, individual heating system and water heater – fired by gas. The electric is updated circuit breakers in dedicated panels as well. First floor has a forced hot air system and second is on its own forced hot water baseboard heating system. There is a detached one car garage structure for extra storage – aside from the massive unfinished walk out basement. Currently serviced by a private well (public is available in the street) and a cesspool type system, recently pumped. Being conveyed in as is condition and priced accordingly.
- Principal and Interest
- Property Tax
- HOA fee