214 Burnside AVE, Woonsocket, RI 02895
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214 Burnside AVE, Woonsocket, RI 02895
214 Burnside AVE, Woonsocket, RI 02895
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Thomas Goss

Thomas Goss

+1(401) 640-6894
$ 995,000
Est. payment /mo
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214 Burnside AVE Woonsocket, RI 02895

10 Beds

6 Baths

6,856 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,856 sqft

Price per Sqft $145

MLS Listing ID 1424573

Style Stacked,Side By Side

Bedrooms 10

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 6,856

Year Built 1900

Annual Tax Amount $5,669

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Property Description

$133,800 in annual scheduled rental income. 212 214 Burnside offers investors a high-income-producing six-unit multifamily opportunity generating $11,150 per month. The income profile stands out against current six-unit Woonsocket alternatives. The property features all newly rent-readied, fire coded, lead safety compliant units, offering a turnkey opportunity with the heavy lifting already completed. Additional highlights include on-demand hot water system, gas heating, ample off-street parking, new asphalt and on-site coin-operated laundry, providing tenant convenience and additional income potential. Offered at $995,000, the property equates to approximately $165,833 per unit and a 7.44x gross rent multiplier. With strong existing rents, improved units, parking, and on-site laundry, 212 214 Burnside presents a compelling opportunity for investors seeking immediate cash flow and a stabilized multifamily asset in Woonsocket. *Tenant is responsible for Electric, Gas, and Other Personal Utilities (Water and Sewer Included)

Location

State RI

County Providence

Zoning R4

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Interior Steps, Tub Shower

Heating Baseboard, Forced Air, Gas

Cooling None

Flooring Ceramic Tile, Hardwood, Vinyl

Fireplace No

Appliance Gas Water Heater

Laundry Common Area

Exterior

Exterior Feature Porch

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Porch Porch

Total Parking Spaces 6

Garage No

Building

Lot Description Paved

Foundation Brick/Mortar, Combination, Concrete Perimeter

Sewer Connected, Public Sewer

Water Connected, Public

Architectural Style Stacked, Side By Side

Structure Type Drywall,Plaster,Wood Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 214BURNSIDEAVWOON

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Listed by Bond Brokerage

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214 Burnside AVE

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