0 4th Ave Woonsocket, RI 02895
Fairmount NeighborhoodEstimated payment $2,693/month
Highlights
- Medical Services
- Property is near public transit
- No HOA
- 0.37 Acre Lot
- Corner Lot
- Shops
About This Lot
EASY APPROVALS - PRIME INVESTMENT & DEVELOPMENT OPPORTUNITY!!! In the heart of Woonsocket, this vacant lot, currently utilized as half of a parking area, is ready for transformation into a 15-unit, 1-bedroom apartment or condominium complex. This lot is proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments with an impressive avg rent of $2,100 per unit. The surrounding community is thriving, with access to major highways, incl Route 146 and I-295, offering quick connections to both Providence, RI & Worcester, MA. Woonsocket’s proximity to the MA border makes it an ideal location for attracting tenants who work in both RI and MA. The area offers a variety of shopping, dining & recreational options, making it an ideal choice for residents. Seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,162
Lot Details
- 0.37 Acre Lot
- Corner Lot
- Gentle Sloping Lot
- Cleared Lot
- Property is zoned R4
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number M:3A L:13 U:25,562146
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Bike Trail
- Electricity Available at Street
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | Sold | $100,000 | -77.8% | -- |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | Price Changed | $449,900 | +295.9% | -- |
| 01/14/2025 01/14/25 | For Sale | $113,653 | -79.3% | -- |
| 12/25/2024 12/25/24 | Price Changed | $550,000 | +0.9% | -- |
| 12/02/2024 12/02/24 | Price Changed | $545,000 | -8.4% | -- |
| 11/01/2024 11/01/24 | For Sale | $595,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73308761
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