0 River & Transit St new Save Request In-Person Tour Request Virtual Tour
Woonsocket,RI 02895
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,716 sqft
Price per Sqft $223
MLS Listing ID 73430058
Bedrooms 12
Full Baths 8
Year Built 1900
Annual Tax Amount $15,263
Tax Year 2025
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type 4 Family
Property Description
Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) An 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. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (RI MLS 1393027) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Detached 4 car garage!
Location
State RI
County Providence
Zoning MU1 & R3
Direction Actual Property Addresses are: 372 River St & 243 Transit St Woonsocket RI
Exterior
Exterior Feature Balcony
Garage Spaces 4.0
Community Features Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,Other
Roof Type Shingle
Total Parking Spaces 14
Garage Yes
Building
Lot Description Corner Lot,Easements,Gentle Sloping
Story 2
Foundation Concrete Perimeter,Stone,Brick/Mortar,Other
Sewer Public Sewer
Water Public
Others
Senior Community false