Price Reduced 6.04%

$1,198,000 ($209.59 per sqft)

Est. Mortgage $5,746/mo *

Quick Pre-Approval

0 River & Transit St, Woonsocket, RI, 02895

0 River & Transit St, Woonsocket, RI, 02895

30 rooms

12 beds

8 Full baths

1900

5,716 sqft

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!


Status:

Active

Type:

Multi-family

Units:

8

Zoning:

MU1 & R3

Garage:

4-car

Levels:

2

Parking:

18-car, Off Street, Common

Acreage:

0.3

Est. Taxes:

$15,263

Assessment

$742,600

Construction

Frame, See Remarks

Lot Description:

Corner Lot, Easements, Gentle Sloping

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other

MLS #:

73430058


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Donald Martone, Donald Martone 401-533-1021