Address
126 3rd Avenue, Woonsocket, RI
Price
$ 685,000
Property Attributes
- MLS#1351609
- TypePending
- CountyPROVIDENCE
- CityWoonsocket
- Zip02895
- StyleCommercial
- Year Built1900
- Taxes$ 9441
- Price$ 685,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,227 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Welcome to 126 3rd Avenue, a must see investment opportunity in Woonsocket RI. The property offers a well-balanced mix of units, including a spacious Three-Bedroom Unit, 1 Two-Bedroom Unit, and 4 One-Bedroom Units. Gas and electric are separately metered and paid for individually by the tenants. Coin operated laundry machines are also available. Rental income potential exceeds $8,000 per month. Tons of recent Upgrades have been done in the past year including, a complete commercial fire alarm system, Roof, Decks, Hallways, Appliances, Flooring, Paint, Trim, and more. This property is poised for a smooth transition for new owners seeking a turnkey investment in a great location in close proximity to the train station, schools, shops, and other amenities. The 5-family building adjacent to this building is also on the market and is available for sale. This is a unique opportunity to acquire both a 6 family building and an adjacent 5 family building, allowing ownership for a total of 11 units side by side with plenty of off street parking. This property presents a compelling investment opportunity with its size, unit mix, recent upgrades, and potential rental income.
| Price History | |
|---|---|
| 2/1/2024 | Listed $685,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | SpaceHeater |
| Cooling | WindowUnits |
| Utilities | ElectricityAvailable,NaturalGasAvailable |
| Security Features | FireAlarm,SmokeDetectors,SecurityLights |
| Construction Materials | Frame |
| Year Built | 1900 |
| Electric | Item220Volts |
| Tenant Pays | CableTV,Electricity,Gas,Heat,HotWater |
| Stories | 3 |
| Levels | ThreeOrMore |
| Property SubType | Commercial |
| Tax Year | 2023 |
| OwnerPays | CommonAreaMaintenance,ExteriorMaintenance,Sewer,Taxes,TrashCollection,Water |
| Business Type | RealEstate |
| Community Features | NearSchools,Restaurant,Shopping |
| County | Providence |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Possible Use | MultiFamily |
| Garage Y/N | No |
| Status | Pending |
| City | Woonsocket |
| Buyer Agent Compensation | 2 |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 1 |
| Lot Size Square Feet | 5227.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 3rd |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 9441.08 |
| 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 |
| Days on Market | 55 |
| Structure Type | MultiFamily |
| Standard Status | Pending |
| Tax Assessed Value | 356200 |
| Tax Lot | 212 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Full |
|---|---|
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Above Grade Finished Area | 0.0 |
| BuyerOfficeEmail | [email protected] |
| Street Suffix | Avenue |
| Laundry Features | CommonArea |
| Electric On Property Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 6.0 |
| Lot Size Area | 5227.0 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 0.0 |
| Lot Size Units | SquareFeet |
| Road Frontage Type | CityStreet |
| 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
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