Exceptional mixed-use investment opportunity in the heart of Woonsocket’s thriving commercial corridor. Located at 584 N Main Street, this well-positioned property features 12 income-producing units, including 9 residential apartments and 3 commercial spaces, generating approximately $12,200 per month in gross rental income. The property offers a diverse tenant mix, providing stable cash flow and long-term upside potential. Additional amenities include a 6-car garage, ample on-site parking, and a common laundry area with the opportunity to generate additional income. Situated in a highly visible central location with convenient access to major routes, shopping, restaurants, and local employers, this turnkey asset presents an outstanding opportunity for investors seeking strong returns, value-add potential, and a prominent presence in one of Northern Rhode Island’s most active markets.
584 N Main St, Woonsocket, RI, 02895
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
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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