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$ 5,000,000
Est. payment /mo
New
72 Kendrick AVE Woonsocket, RI 02895
0.83 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1412968
HOA Y/N No
Year Built 1900
Annual Tax Amount $21,000
Tax Year 2025
Lot Size 0.830 Acres
Property Sub-Type Commercial
Property Description
ATTENTION DEVELOPERS AND INVESTORS! Incredible opportunity in Woonsocket to own a fully updated 21-unit residential building offering strong returns. This property boasts an impressive 7% cap rate with an NOI of $359,600, making it an ideal addition to any investment portfolio. Total rents about $450,000. All units have been completely renovated with modern finishes, new appliances, and attractive, functional layouts designed to appeal to today's tenants. Conveniently located with easy access to local shops, restaurants, and everyday amenities, and just minutes from the downtown district. Close to major commercial corridors including Diamond Hill Road and Mendon Road. Easy access to Interstate 146 provides convenient commuting to Providence and Worcester. Near the Blackstone River and Blackstone River Greenway, with close proximity to Landmark Medical Center.
Location
State RI
County Providence
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 40
Building
Sewer Connected
Structure Type Brick
New Construction No
Others
Tax ID 72KENDRICKAVWOON
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