$705,000
SOLD OCT 30, 2024
11 Beds
6 Baths
4,350 Sq Ft
9,920 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

4% Above List Price

77 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Park
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of October 2024

Discover a prime investment opportunity at 451-453 Fairmount St, Woonsocket, RI—a well-maintained 6-family property with five two-bedroom apartments and one one-bedroom apartment, spanning 4,350 square feet. Situated on a large lot with ample off-street parking, this property includes a large garage with bonus office space above, a storage shed, and coin-operated laundry in the basement. Recent updates around 2010 include PVC plumbing stack, electrical, fire system, windows, heating system, and vinyl siding. Contact us today to schedule a viewing or for more information!

Last Agent to Sell the Property

Zach Midwood

Divine Real Estate, Inc. Listed on: 06/10/2024

Last Buyer's Agent

Marcus Duviella

Divine Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,412

Year Built

  • Built in 1920

Lot Details

  • 9,920 Sq Ft Lot
  • Corner Lot

Parking

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

Home Design

  • Stone Foundation

Interior Spaces

  • 4,350 Sq Ft Home
  • Window Screens
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $7,605
  • Assessor Parcel Number M:6G L:213 U:10

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $93,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,412

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1920
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 4350
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Screens
  • MAIN LO: AN5817
  • LIST PRICE PER Sq Ft: 156.3
  • PRICE PER Sq Ft: 162.07
  • MAIN SO: AN5817

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 1
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:6G L:213 U:10
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 9920
  • Lot Size Units: Acres
  • PAGE: 187
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8412.34
  • Tax Book Number: 1887

Multi Family

  • Gross Income: 114960
  • Net Operating Income: 93600
  • Number Of Units Total: 6
  • Total Actual Rent: 7605
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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 List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $705,000 +3.7% $162 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/24/2024 08/24/24 For Sale $679,900 0.0% $156 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $679,900 -- $156 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250104

MLS Property Information Network (MLS PIN)