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