Address
24 Paradis Avenue, Woonsocket, RI
Price
$ 1,150,000
Property Attributes
  • MLS#1348909
  • TypePending
  • CountyPROVIDENCE
  • CityWoonsocket
  • Zip02895
  • StyleCommercial
  • Year Built1900
  • Taxes$ 13167
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9400
  • Lot Size6,970 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Full sized 9- unit Multi family property, with reliable tenants, spacious off street parking area for easy access is now on market. A true opportunity for any investor seeking a well maintained and recently renovated property that is the perfect income generating property to those looking an investment or who want to add to their portfolio. This property boasts three 2-bed 1-bath units in the main front building facing the front of the parking area that consists of over 2300 square foot. To the side there is a combined building that features one 4-bed 1-bath, three 3-bed 1-bath, one 2-bed 1-bath and one 1-bed 1-bath units. The property also features a sizable parking lot for the tenants for up to 9 cars, as well as plenty side street parking for guests. This multi family produces produces excellent income stream for any buyer looking for their next investment and is in close proximity to all major highways for easy access. Do not want to miss out, schedule your next showing!

Price History
12/4/2023 Listed $1,250,000
2/6/2024 8% - $1,150,000

General Features

Sewer Connected
Utilities SewerConnected
Possession Negotiable
Construction Materials Frame
Year Built 1900
Electric Item100AmpService
Property SubType Commercial
Tax Year 2023
Gross Income 138108.0
Community Features Sidewalks
County Providence
Insurance Expense 10248.0
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 6304.0
Garage Y/N No
Status Pending
City Woonsocket
Buyer Agent Compensation 2%NVS
View Y/N No
Senior Community Y/N No
Total Units 9
Lot Size Square Feet 6970.0
Waterfront Y/N No
Carport Y/N No
Street Name Paradis
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 13167.0
Electric Expense 6219.0
Home Warranty Y/N No
Trash Expense 3451.0
Water Sewer Expense 25781.0
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/24-Paradis-AV-Woonsocket-RI-02895--1348909
Days on Market 71
Standard Status Pending
Tax Assessed Value 507600
Tax Lot 18
Cap Rate 8.0
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 9400.0
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Total Parking 9.0
Lot Size Area 6970.0
Number of Buildings 1
Spa No
Building Area Total 9400.0
Lot Size Units SquareFeet
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
AVG $470K
$1.15M
Taxes
AVG $5,593
$13,167
Visits
AVG 218
167
Data Provided by Inside Real Estate®
Year Built
AVG 1926
1900

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