NOT LISTED FOR SALE

552 Privilege St Woonsocket, RI 02895

Social District Neighborhood
13 Beds
4 Baths
4,888 Sq Ft
7,405 Sq Ft Lot

Last Sold July 13, 2023

Last sale price $550,000 $113 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Property near a hospital
  • Bathtub with Shower
  • Shops
  • Baseboard Heating

About This Home

As of July 2023

4 unit. 2 building on 2 lots, lots cannot be split. Single family home with 1248 sq ft, 4 beds-1 bath and a separate 3 family provides ample living space of 1224 sq ft per floor with 3 beds-1 bath. Separate utilities and off-street parking available on the single-family lot. Rents below market with all units on month-to-month agreements. 2nd floor unit currently vacant.
Currently taxed at commercial rate, but owner occupant can apply and will qualify for the residential tax rate, providing significant tax savings-see attachments.

Last Agent to Sell the Property

Brian McGloin

Williams & Stuart Real Estate License #REB.0018702 Listed on: 05/30/2023

Williams & Stuart Real Estate

Last Buyer's Agent

Casey Melucci

Williams & Stuart Real Estate License #RES.0046757

Williams & Stuart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,679

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,888 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 7,405 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 192&170 / U44
  • Assessor Parcel Number 552562PRIVILEGESTWOON

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,679

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Inclusions: Water heaters are rented from RI Energy $18 month. Commercial taxes are $14,248 per year. Residential taxes are $7,679 per year. See attachments.
  • Above Grade Finished Sq Ft: 4888.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 13
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 552562PRIVILEGESTWOON
  • Zoning: MU1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7679.0
  • Tax Block: U44
  • Tax Lot: 192&170
  • Tax Year: 2022
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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 Prior Sale
07/13/2023 07/13/23 Sold $550,000 +4.8% $113 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $524,900 +95.9% $107 / Sq Ft
04/28/2020 04/28/20 Sold $268,000 0.0% $55 / Sq Ft View Prior Sale
03/29/2020 03/29/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $268,000 -- $55 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian McGloin

    Seller's Agent in 2023

    Brian McGloin

    Williams & Stuart Real Estate

    (401) 829-0318

    1 in this area

    32 Total Sales

    Brian McGloin
    Section Image

  • C

    Buyer's Agent in 2023

    Casey Melucci

    Williams & Stuart Real Estate

    (401) 996-1805

    1 in this area

    8 Total Sales

    Casey Melucci
    Section Image
  • Izabella Whiting

    Seller's Agent in 2020

    Izabella Whiting

    RE/MAX Real Estate Center

    (508) 699-1600

    1 in this area

    60 Total Sales

    Izabella Whiting
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1336530

State-Wide MLS
Rhode Island Providence County Woonsocket 02895 Social District

552 Privilege St, Woonsocket, RI

Not Listed for Sale

MultiFamily

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