$629,000

Estimated payment $3,984/month

Total Views 8,398
4 Beds
4 Baths
5,208 Sq Ft
$121 Price per Sq Ft

Highlights

  • Golf Course Community
  • Thermal Windows
  • Shops
  • Recreation Facilities
  • Public Transportation
  • Property near a hospital

About This Home

Seize this 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. Ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on this high-yield investment schedule your showing today! Can also be sold as a package MLS # 1392331

Listing Agent

Don Martone

Bond Brokerage License #REB.0018968 Listed on: 08/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 5,208 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Utility Room

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • 10 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 372376RIVERSTWOON

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Additional Features

  • 4 Units
  • Operating Expense $52,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,685

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 5208.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Other
  • Dining Room Type: Utility Room
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 372376RIVERSTWOON
  • Zoning: MU1

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 52196.0

Tax Info

  • Tax Annual Amount: 6685.0
  • Tax Lot: 148
  • Tax Map Number: 8
  • Tax Year: 2025

Map

Range of Values:

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Average Value
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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
08/19/2025 08/19/25 For Sale $629,000 -- $121 / Sq Ft
Source: State-Wide MLS

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Source: State-Wide MLS

MLS Number: 1393018

State-Wide MLS