North End (Westerly, RI)
By Sandy Bliven, e-PRO, Westerly RI Real Estate
(Re/Max South County)
Comments 0
Mulit family, 1900, rehabbed from studs out. Everything is new!! Windows, roof, walls, floors, bathroom, kitchen, bedroom, oversized deck. Only Steps to Historic Downtown, Westerly Train Station, and commuter park & ride. Remodeled throughout, W&D hookup. Mins. to Casinos & beach! Sold as Multi Family, or purchase individual unit, SEE: 843602, or great owner occupied, live one side & rent other, 7% Cap Rate! Sold as condo, 1 unit is $129K, or buy both and live in one $249000! Great opportunity for first time home buyer or downsizing. Great passive income! Call today, owner financing available!! Sandy The Sky is the Limit!Sandra L. Bliven, R.I. & C.T. & e-PRO CertifiedWhen you work with me, I work for you!http://www.sandybliven.com/R.I. License #S 31703 and C. T. License #RES 0782228 FED...
By Sandy Bliven, e-PRO, Westerly RI Real Estate
(Re/Max South County)
Comments 0
Because buyer's have become so internet and computer savy, one needs an edge to help assist buyer's to make good choices.  I have sold quite a few Multi Family's (MF) in the last few months.  I have been providing my clients with Cap Rates, as a tool to see if they are making a good investment or not.Here is one for 5 Pond Street, Westerly, RI, going into a short sale, but nevertheless, a great investment:  Check out the CAP Rate: 8% - this property is valued at $428K, and being sold for $350K - short sale! Compare the two, any thoughts?  Thanks.......CAPITALIZATION RATE ANALYSIS 5 POND ST, Westerly, RISALE PRICE 350000GROSS INCOME 44640COIN-OP LAUNDRY 1200LESS: 5% VACANCY 2232NET INCOME 43608 (A)EXPENSES:TAXES 4077INSURANCE 1200WATER/SEWER 1400TRASH 600LANDSCAPING 0CLEANING 0MAINTENANC...
By Sandy Bliven, e-PRO, Westerly RI Real Estate
(Re/Max South County)
Comments 0
Westerly's - NORTH END REVIVAL 2008  I was born and raised in Westerly, R.I., my Grandparents migrated from their homes in Acri, Italy and began their "American dream" on Pond/Pierce and Lilac Street.   "The North End" as dubbed by the Italian Immigrants was once a thriving Italian-Immigrant community.  The area weathered through the years, and until recently housed local bars, junkyards, triple deckers with peeling paint and crumbling porches, which characterized the abutting residential section.  It is precisely why young visionary entrepreneurs have targeted and have started revitalizing the once beautiful North End.   With the help of many young entrepreneurs, Chuck Royce, Owner of the Historical Ocean House in Watch Hill, Dr. Brogna, owner of The historical Savoy Hotel, Mark and La...
Westerly, RI Real Estate Professionals