6 Units - Spacious, clean and well maintained. 3 - Two Bed Units; 3 - One Bed Units. There are 5 units on oil heat and 1 unit on gas heat. Heat is included for all 6 units. Current rents do not reflect market value rents. Longterm tenants in place; 5 apartments are TAW. 1 apartment is on a lease thru 5/31/26. 6 gas water heaters are rented @ $25/month. 1 set of coin-operated laundry. All units completely updated (3 units from studs) in 1998. Ongoing updates as needed. Roof is 27 years on a 40 year shingle. THERE IS A DEEDED RIGHT OF WAY DRIVEWAY ACCESS FOR THE 2 NEIGHBORS (OWNED BY 71 HAMLET AVE). There is 15 OFF STREET parking spaces.
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area
Heating:
Baseboard, Gas, Hot Water
Permitted Use
Investment,Multi-Family
Utilities
Electricity Available,Natural Gas Connected,Sewer Connected
Amenities:
Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
71 Hamlet Avenue, Woonsocket, RI, 02895
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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