NOT LISTED FOR SALE
12 Beds
6 Baths
3,978 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: August 27, 2021

Last sale price $620,000 $156 Per Sq Ft

89 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Jogging Path
  • Deck
  • Corner Lot
  • Bathtub with Shower

About This Home

As of August 2021

"WOONSOCKET'S CROWN JEWEL: CONDITION MEETS CASH FLOW"-LEGAL SIX UNIT. COMPLETE RENOVATION OF ALL SIX UNITS. EXCEPTIONAL TILE AND FINISH WORK. 100% OCCUPANCY. PROFESSIONALLY MANAGED. 5 YEAR YOUNG ROOF. 7 CAR OFF STREET PARKING WITH DETACHED 2 CAR GARAGE. 6 GAS FORCED AIR HEATING SYSTEMS. NEW GAS APPLIANCES. 6 NEWER 40 GAL WATER TANKS. 200 AMP ELECTRICAL SERVICE. COPY OF LEASES? YES! LEAD CERTIFICATE? YES! IS THIS 6 UNIT FIRE ALARM SYSTEM TO CODE? YES! SECURITY DEPOSITS? YES! GREAT INCOME? YES! P+L AVAILABLE UPON REQUEST? YES! 2 MINS TO MARKET SQUARE, MAIN STREET, STADIUM THEATRE AND THE MASSACHUSETTS STATE LINE. MONTH TO MONTH RENTS ARE BELOW MARKET, CAN BE HIGHER!

Last Agent to Sell the Property

Donald Martone

BOND BROKERAGE Listed on: 03/20/2021

Last Buyer's Agent

Jose Duce Rocher

Century 21 Limitless

Century 21 Limitless

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,304

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Sloped Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,978 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • 6 Heating Zones
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $5,995
  • Tax Lot 017
  • Assessor Parcel Number 565844

Community Details

Overview

  • 6 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $360
  • Insurance Expense $1,545
  • Water Sewer Expense $4,200
  • Operating Expense $22,183
  • Net Operating Income $52,757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,304

Year Built

Built in 1930

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Tile Floor
  • Interior Amenities: Bathroom With Tub & Shower, Other (See Remarks)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Other, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup, Dryer Hookup, Washer & Dryer Hookup
  • Basement: Full, Walk-Out Access, Unfinished
  • Living Area: 3978
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN4339
  • MAIN SO: AN6126

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Asphalt/Composition Shingles
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers, 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Other, Sidewalks
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4200

Lot Info

  • Parcel Number: 565844
  • Zoning: MU1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Sloped
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4792

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6304
  • Tax Lot: 017

Multi Family

  • Electric Expense: 360
  • Insurance Expense: 1545
  • Net Operating Income: 52757
  • Number Of Units Total: 6
  • Operating Expense: 22183
  • Total Actual Rent: 5995
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Aug 27, 2021
Sold by
Bought by
Seller's Agent
Donald Martone
BOND BROKERAGE
Buyer's Agent
Jose Duce Rocher
Century 21 Limitless
List Price
$638,900
Sold Price
$620,000
Premium/Discount to List
-$18,900
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
0.028%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 24, 2019
Closed on
Jul 2, 2019
Sold by
Bought by
Seller's Agent
Ryan Schreffler
Bolt Real Estate
Buyer's Agent
Ryan Schreffler
Fontaine Real Estate, Inc.
List Price
$289,900
Sold Price
$281,000
Premium/Discount to List
-$8,900
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.25%
Original Mortgage
$642,400
Interest Rate
0.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.0395%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
0.0393%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
0.066%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 None Available
$281,000 --
$161,250 --
$147,000 --
-- --
$199,900 --
$335,000 --
$250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $70,400
Open $496,000
Previous Owner $1,400,000
Previous Owner $642,400
Previous Owner $160,000
Previous Owner $147,000
Previous Owner $67,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $620,000 -1.4% $156 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $629,000 -1.5% $158 / Sq Ft
03/20/2021 03/20/21 For Sale $638,900 +127.4% $161 / Sq Ft
07/02/2019 07/02/19 Sold $281,000 -3.1% $71 / Sq Ft View Prior Sale
06/02/2019 06/02/19 Pending -- -- --
02/24/2019 02/24/19 For Sale $289,900 -- $73 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,584 $764,400 $89,500 $674,900
2024 $8,099 $557,000 $89,500 $467,500
2023 $7,787 $557,000 $89,500 $467,500
2022 $7,787 $557,000 $89,500 $467,500
2021 $4,166 $175,400 $34,400 $141,000
2020 $4,210 $175,400 $34,400 $141,000
2018 $4,224 $175,400 $34,400 $141,000
2017 $5,529 $183,700 $40,000 $143,700
2016 $5,849 $183,700 $40,000 $143,700
2015 $6,720 $183,700 $40,000 $143,700
2014 $6,746 $187,700 $44,000 $143,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72801470

MLS Property Information Network (MLS PIN)
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