$545,000
SOLD FEB 6, 2025
6 Beds
3 Baths
4,158 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • 8 Car Detached Garage
  • Wood Flooring
  • Tennis Courts
  • Thermal Windows

About This Home

As of February 2025

Discover this prime investment opportunity on Front Street in Woonsocket a three-family property with solid paying tenants, room for growth, and exceptional amenities. The property features two coin-operated laundry sets in the basement for added convenience and revenue. Each unit offers functional layouts and stable tenants, making this an ideal asset for investors or first-time homebuyers. Situated in a convenient location, tenants enjoy proximity to shopping, dining, Park and Market Squares. The commuter bus route to Providence is nearby, and there are numerous fun activities on nearby main st including the new and improved bike path on Truman Drive and the scenic setting near the falls and River at River Island Park. This property offers multiple income streams and long-term growth opportunities. Investors can capitalize on stable occupancy and increase returns with minor upgrades. First-time buyers can live in one unit while offsetting costs with rental income. Additional EIGHT Garages in rear offer extra income. 5 currently rented for $800 and 3 are vacant. Don't miss this chance to own a high-potential, versatile property in Woonsocket. Schedule your showing today!

Last Agent to Sell the Property

Stacy Corrigan

Real Broker, LLC License #REB.0016898 Listed on: 12/14/2024

Last Buyer's Agent

Michael Montero

Realty One Group Dream Makers License #RES.0047098

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1920

Parking

  • 8 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Stone Foundation
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 4,158 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Additional Features

  • 9,583 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Legal Lot and Block 30 / L
  • Assessor Parcel Number 592FRONTSTWOON

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • 3 Units
  • Operating Expense $15,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,790

Year Built

Built in 1920

Lot Details

0

Parking

8

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: LVGP
  • Co List Office Phone: 855-450-0442
  • Above Grade Finished Sq Ft: 4158.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Dryer, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 8.0
  • Garage Spaces: 8.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 19.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 110 Volts, 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 592FRONTSTWOON
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 15729.0

Tax Info

  • Tax Annual Amount: 3790.0
  • Tax Block: L
  • Tax Lot: 30
  • Tax Map Number: 16
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Jan 24, 2025
Sold by
Cloutier Jimmy
Bought by
Rojas Tommy
Seller's Agent
Stacy Corrigan
Real Broker, LLC
Buyer's Agent
Michael Montero
Realty One Group Dream Makers
List Price
$535,000
Sold Price
$545,000
Premium/Discount to List
$10,000
1.87%
Views
6
Current Estimated Value
$563,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,710
Avg. Annual Appreciation
-2.59%
Original Mortgage
$408,750
Outstanding Balance
$407,288
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,772

Purchase Details

Closed on
Sep 23, 2021
Sold by
Bouchard
Bought by
Cloutier Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2016
Sold by
Bouchard Richard A and Bouchard Nancy
Bought by
Richard and Richard Nancy Bouchard

Purchase Details

Closed on
Oct 1, 2008
Sold by
Ness Marian P
Bought by
Fhlmc

Purchase Details

Closed on
Mar 25, 2004
Sold by
Greene Daniel
Bought by
Ness Marian B and Ness David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2001
Sold by
Nelson Jeffrey R
Bought by
Greene Daniel
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $545,000 None Available
Warranty Deed $545,000 None Available
Deed $190,000 None Available
Deed $190,000 None Available
Deed $190,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Foreclosure Deed $135,000 --
Foreclosure Deed $135,000 --
Deed $280,000 --
Deed $280,000 --
Deed $93,000 --
Deed $93,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,750 Purchase Money Mortgage
Closed $408,750 Purchase Money Mortgage
Previous Owner $325,000 Commercial
Previous Owner $237,157 Stand Alone Refi Refinance Of Original Loan
Previous Owner $190,000 Commercial
Previous Owner $223,900 Purchase Money Mortgage
Previous Owner $28,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $545,000 +1.9% $131 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/14/2024 12/14/24 For Sale $535,000 -- $129 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,942 $271,100 $91,600 $179,500
2023 $3,990 $285,400 $91,600 $193,800
2022 $3,790 $271,100 $91,600 $179,500
2021 $0 $156,800 $37,400 $119,400
2020 $0 $156,800 $37,400 $119,400
2018 $3,805 $158,000 $37,400 $120,600
2017 $3,642 $121,000 $40,900 $80,100
2016 $3,853 $121,000 $40,900 $80,100
2015 $4,679 $127,900 $40,900 $87,000
2014 $4,539 $126,300 $45,000 $81,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1374630

State-Wide MLS

APN: WOON-000016L-000030-000004