14 Apartment Unit Complex in Barrington Hits the Market for $5,750,000
GoLocalProv and Residential Properties Content Partnership
14 Apartment Unit Complex in Barrington Hits the Market for $5,750,000
A rare investment property has hit the market. A complex in Barrington that includes 14 residential units.
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The asking price for the 187 Washington Road property is $5,750,000 and it is being offered by Residential Properties.
Property Description
Highly coveted and scarcely available investment opportunity in Barrington! Great rents and well maintained on nearly an acre. This impressive 14-unit residential complex in one of Rhode Island's most desirable areas sits on nearly an acre just a stone's throw from the beaches, the bike path, schools, and the town center.
The property consists of 4 newer buildings, each with 8 high-end units all offering 2 bedrooms and 2.5 baths, another well-maintained building, containing 2 units both with 2 bedrooms and 1 bath, and a larger recently converted brick building consisting of 4 high-end two-bedroom units, two with 1 bath and two with 1.5 baths. Many units have soaring ceilings, central air, in-unit washer and dryer, and off-street parking. Centrally located with proximity to all of the East Bay, Providence, and Southeastern Massachusetts, this sublime income-generating investment can be yours now!