Address
61 Elm Street, Woonsocket, RI
Price
$ 799,000
Property Attributes
- MLS#1346462
- TypePending
- CountyPROVIDENCE
- CityWoonsocket
- Zip02895
- StyleMultiFamily
- Year Built1900
- Taxes$ 3734
- Price$ 799,000
- Bedrooms10
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage6470
- Lot Size8,276 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
DO NOT MISS THIS - Turn key, high cap rate 8.93%, full performing, and well maintained 7 unit property is new to market. The property consists of two buildings on a corner lot. The Elm St building features four 2 bed 1 bath units and a 4 bed 1 bath unit with over 2100 square feet of combined living space. The Brook St building is a 2 unit building consisting of 2 beds 1 bath on the first floor and a 4 beds 1 bath on the second and third floor with a bonus room on the fourth floor. The Elm St building has a new roof and several new mechanical elements. The Brook St building shows like a new construction on the interior and has had long term stable tenants. Ample off street parking and designated dumpster location. This property produces excellent rental income and is close to all major highways and downtown Providence! New investors, seasoned investors or partners, this one makes a ton of sense for your portfolio.Tenants are responsible for their own utilities.
| Price History | |
|---|---|
| 11/1/2023 | Listed $799,000 |
General Features
| Sewer | Connected |
|---|---|
| Heating | Baseboard,Gas |
| Cooling | None |
| Utilities | SewerConnected |
| Possession | Negotiable |
| Appliances | WaterHeater |
| Garage Spaces | 0.0 |
| Construction Materials | Clapboard |
| Year Built | 1900 |
| Electric | Item100AmpService |
| Property SubType | MultiFamily |
| Tax Year | 2023 |
| County | Providence |
| Operating Expense | 21966.0 |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Garage Y/N | No |
| Total Rooms | 14 |
| Status | Pending |
| City | Woonsocket |
| Buyer Agent Compensation | 2% |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 8276.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Elm |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 3734.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/61-Elm-ST-Woonsocket-RI-02895 |
| Days on Market | 145 |
| Standard Status | Pending |
| Tax Assessed Value | 267100 |
| Tax Lot | 23 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Full,Finished |
|---|---|
| Flooring | CeramicTile,Laminate |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 6470.0 |
| Full Baths | 4 |
| Street Suffix | Street |
| Total Bedrooms | 10 |
| Electric On Property Y/N | No |
| LivingAreaSource | PublicRecords |
| Total Baths | 4 |
Exterior Features
| Parking Features | NoGarage |
|---|---|
| Water Source | Connected |
| Total Parking | 10.0 |
| Lot Size Area | 8276.0 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 6470.0 |
| Lot Size Acres | 0.19 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 02895
Price
Taxes
Visits
Year Built
Walkscore
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information 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 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
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.
