$550,000

Estimated payment $3,353/month

Total Views 6,884
3 Beds
4 Baths
2,632 Sq Ft
$209 Price per Sq Ft

Highlights

  • Golf Course Community
  • Deck
  • Corner Lot
  • Under Construction
  • Attic
  • 5-minute walk to World War II Veterans Memorial State Park

About This Home

Versatile 4-Unit Mixed-Use Property in Woonsocket Investment Opportunity! Rare opportunity to own a well-maintained, professionally managed, income-producing mixed-use property in the heart of Woonsocket. This 4-unit building features 3 residential and 1 commercial unit. Each unit is separately metered for utilities and offers stable, long-term tenants. Recent updates include new roof, gas and electric heating systems, new ductless heat & a/c, new 75 Gal gas hot water tank, new kitchen, new bath and the addition of a shower stall, build out that is "kitchen ready" in unit 1! On-street parking available. Strong rental history and high demand make this a perfect turnkey investment or owner-occupied or live/work business owner opportunity. Conveniently located near downtown, public transportation, shopping, and major commuter routes. Highlights: $66,420 in projected annual rental income. Flexible mixed-use zoning (MU-1). Strong cap rate based on projected income. New/Well-maintained units with room for value-add improvements. Showings by appointment only. Don't miss this chance to build your portfolio in a growing Rhode Island market! *All 3 residential units are fully lead law compliant.*

Listing Agent

Don Martone

Bond Brokerage License #REB.0018968 Listed on: 05/04/2025

Co-Listing Agent

Lizbeth Rivera

Bond Brokerage License #RES.0049344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1930 | Under Construction

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot

Parking

  • No Garage

Home Design

  • Fixer Upper
  • Brick Foundation
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,632 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Home Office
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 210NORTHMAINSTWOON

Community Details

Overview

  • 4 Units
  • Theatre District Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,363

Year Built

Built in 1930 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: BONDB
  • Co List Office Phone: 401-954-0270
  • Subdivision Name: Theatre District
  • Above Grade Finished Sq Ft: 2632.0
  • Garage Yn: No
  • New Construction: Yes
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: 4098

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Owner Pays: Hot Water
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Attic, Stall Shower, Tub Shower
  • Dining Room Type: Bathroom, Kitchen, Office, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Shingle Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Property Condition: Under Construction, Fixer

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas, Heat Pump, Other
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 210NORTHMAINSTWOON
  • Zoning: MU-1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3363.0
  • Tax Lot: 49
  • Tax Map Number: 13D
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2025 05/04/25 For Sale $550,000 +126.3% $209 / Sq Ft
01/06/2023 01/06/23 Sold $243,000 +1.7% $92 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $239,000 -- $91 / Sq Ft
Source: State-Wide MLS

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Source: State-Wide MLS

MLS Number: 1384090

State-Wide MLS