130 E School Street, Woonsocket, RI, 02895
20 rooms
12 beds
6 Full baths
1900
Introducing 130 East School Street in Woonsocket, Rhode Island a spacious, income-producing 6-unit multifamily with a value-add upside rarely found in today's market. The layout offers a mix of unit sizes and configurations, creating flexibility for future updates or repositioning. The vacant units present excellent opportunities for modern upgrades think new flooring, updated kitchens and baths, fresh paint, and improved lighting to significantly elevate rent potential in a high-demand rental area. The exterior of the property offers ample off-street parking, a major advantage in Woonsocket where parking can be limited. The lot is well-sized and provides easy access for tenants. Location is key 130 East School Street sits in a convenient section of Woonsocket close to schools, shopping, parks, downtown amenities, and public transit. The property also offers quick access to Route 146, making commuting to Providence or Massachusetts easy for tenants. Whether you're a seasoned investor or just entering the multifamily space, this building checks all the boxes: existing income, expansion potential, stable area, and a clear path to increased cash flow. With four units already generating revenue and two units awaiting transformation, this property is perfectly positioned for someone ready to unlock its full potential. 130 East School Street is more than just a building it's an opportunity to create long-term wealth. Don't miss your chance to capitalize on this value-add gem.
Status:
Pending
Type:
Multi-family
Units:
4
Garage:
No Garage
Heating:
Forced Air, Gas
Cooling:
None
Basement:
Full, Interior Entry, Unfinished
Parking:
12-car
Acreage:
0.16
Est. Taxes:
$4,109
Assessment
$365,900
Construction
Vinyl Siding
Utilities
Sewer Connected
Amenities:
Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Days on Market:
77
Appliances:
Gas Water Heater
MLS #:
1400402
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of EXP REALTY LLC 401-288-3600