The Realpro Group
REALPRO by The Water
(401) 240-4724
340 Total Sales
1 in Social District
$675,000 Price
786 Social St Woonsocket, RI 02895
Social District Neighborhood
19
Beds
8
Baths
7,368
Sq Ft
7,840
Sq Ft Lot
Highlights
- Property is near public transit and schools
- Balcony
- Coin Laundry
- Upgraded Countertops
- Shops
About This Home
As of April 2025786 Social is a high-performing six-unit asset generating a strong $11,925/month ($143K annually), consisting of (1) 4-bed/2-bath, (1) 3-bed/2-bath, and (4) 3-bed/1-bath units. Each unit has its own washer & dryer, balcony, and spacious living area. With separate electric and gas meters (paid by tenants) and trash removal covered by the city, this is a low-expense property. The asset consists of two 3-unit buildings on one parcel, both having undergone extensive upgrades, including new roofs, siding, electrical, kitchens, bathrooms, flooring, and appliances. Offering a blend of turnkey and value-add potential, this property provides immediate & significant positive cash flow with no work required, while still allowing for additional renovations to further increase revenue. Large, clean basements offer potential storage income, and there's upside potential for condo conversions. An appraisal valued the property at $1.25M, which we have in hand. Financials available.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,557
Year Built
- Built in 1910
Lot Details
- 7,840
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 7,368 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Upgraded Countertops
Bedrooms and Bathrooms
- 19 Bedrooms
- 8 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 7 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Balcony
- 7,840 Sq Ft Lot
- Property is near public transit and schools
- Separate Meters
Listing and Financial Details
- Total Actual Rent $11,925
- Rent includes unit 1(water), unit 2(water)
Community Details
Overview
- 6 Units
Amenities
- Shops
- Coin Laundry
Building Details
- Electric Expense $818
- Insurance Expense $5,931
- Water Sewer Expense $3,212
- Operating Expense $27,782
- Net Operating Income $111,025
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Social District, RI
-
The Realpro Group
-
Samuel Alba
Samuel Alba
Responds QuicklyInnovations Realty
(401) 406-4077
514 Total Sales
1 in Social District
$485,000 Price
-
Herson Martinez
Herson Martinez
RISE REC
(401) 414-4072
105 Total Sales
1 in Social District
$620,000 Price
-
Allen Gammons
Allen Gammons
BHHS Commonwealth Real Estate
(401) 208-0582
391 Total Sales
1 in Social District
$405,000 Price
-
Jose Duce Rocher
JD
Jose Duce Rocher
Century 21 Limitless
(781) 633-6951
154 Total Sales
1 in Social District
$485,000 Price
-
Charles Marine
Charles Marine
Heavens Realty
(401) 425-6626
40 Total Sales
2 in Social District
$190K - $296K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $1,250,000 | 0.0% | $170 / Sq Ft |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 02/14/2025 02/14/25 | For Sale | $1,250,000 | 0.0% | $170 / Sq Ft |
| 02/14/2025 02/14/25 | Off Market | $1,250,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
John Slyman
Seller's Agent in 2025
John Slyman
John Slyman
(508) 330-0325
1 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73335306
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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