Address
47 Wood Avenue, Woonsocket, RI
Price
$ 850,000
Property Attributes
- MLS#1353304
- TypeMulti-Family
- CountyPROVIDENCE
- CityWoonsocket
- Zip02895
- StyleMultiFamily
- Year Built1920
- Taxes$ 8280
- Price$ 850,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage6300
- Lot Size8,599 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
WOW - CALLING ALL INVESTORS ON THIS ONE! Two houses on one lot. This turn key fully performing 8 unit property comprises a seven unit and a single family residence. This is the perfect income generating property that you do not want to miss! The main building features six 2 beds 1 bath units and one 1 bed 1 bath unit, with an average of 800 sqft per unit, while the rear building is a single family home featuring 3 beds and 1 bath with 978 square feet. On the outside, the property has been well maintained, in addition to the updated roof and driveways that offers ample room for all the tenants. Many new mechanicals throughout and updates done throughout the property. Investors looking for good long term equity and cash-flow, this is perfect for you.High cap rate of 9.29 % and tenants are responsible for their own utilities.
| Price History | |
|---|---|
| 2/22/2024 | Listed $850,000 |
General Features
| Sewer | Connected,PublicSewer |
|---|---|
| Heating | ForcedAir,Gas |
| Cooling | None |
| Utilities | SewerConnected |
| Possession | Negotiable |
| Appliances | WaterHeater |
| Garage Spaces | 0.0 |
| Construction Materials | Clapboard,WoodSiding |
| Year Built | 1920 |
| Electric | Item100AmpService |
| Property SubType | MultiFamily |
| Tax Year | 2023 |
| County | Providence |
| Operating Expense | 0.0 |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Garage Y/N | No |
| Total Rooms | 12 |
| Status | Active |
| City | Woonsocket |
| Buyer Agent Compensation | 2% |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 8599.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Wood |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 8280.0 |
| 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/47-Wood-AV-Woonsocket-RI-02895--1353304 |
| Days on Market | 10 |
| Structure Type | Apartment |
| Standard Status | Active |
| Tax Assessed Value | 592300 |
| Tax Lot | 008 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Full,Finished,InteriorEntry |
|---|---|
| Flooring | Carpet,CeramicTile,Hardwood,Laminate |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 6300.0 |
| Full Baths | 4 |
| Street Suffix | Avenue |
| Total Bedrooms | 8 |
| Electric On Property Y/N | No |
| LivingAreaSource | Other |
| Total Baths | 4 |
Exterior Features
| Parking Features | NoGarage |
|---|---|
| Water Source | Connected,Public |
| Total Parking | 10.0 |
| Lot Size Area | 8599.0 |
| Number of Buildings | 2 |
| Spa | No |
| Building Area Total | 6300.0 |
| Lot Size Acres | 0.1974 |
| 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 Multi-Family Average in 02895
Price
Taxes
Visits
Year Built
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