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Woonsocket,RI 02895
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,716 sqft
Price per Sqft $223
MLS Listing ID 73430058
Bedrooms 12
Full Baths 8
Year Built 1900
Annual Tax Amount $15,263
Tax Year 2025
Lot Size 0.300 Acres
Property Sub-Type 4 Family
Property Description
Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (RI MLS 1393027) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. Laundry in building! 4 car garage! Sold as package or individually!
Location
State RI
County Providence
Zoning MU1 & R3
Exterior
Exterior Feature Balcony
Garage Spaces 4.0
Community Features Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,Other
Roof Type Shingle
Building
Lot Description Corner Lot,Easements,Gentle Sloping
Story 2
Foundation Concrete Perimeter,Stone,Brick/Mortar,Other
Sewer Public Sewer
Water Public