Address
70 North Main Street, Woonsocket, RI
Price
$ 1,150,000
Property Attributes
- MLS#1351578
- TypeCommercial
- CountyPROVIDENCE
- CityWoonsocket
- Zip02895
- StyleCommercial
- Year Built1870
- Taxes$ 15868
- Price$ 1,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8914
- Lot Size0.33 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
This stately 5-unit investment property is a dream come true for investors. With its impressive brick and granite exterior, the building exudes timeless elegance and curb appeal. Currently generating solid income, this property presents a golden opportunity to substantially increase your wealth. Boasting over 8,000 square feet of space, with potential of adding a 6th unit, further boosting your rental income and maximizing returns. All units have central air conditioning, high ceilings, and their own private entrances. Each unit has a full set of appliances, including stove, fridge, dishwasher, microwave, and washer/dryer. Alternatively, for those with a vision for condo conversions, this property holds immense possibilities. This property is conveniently located close to the MA border and nearby highway access to Route 146 and interstate 295. Don't miss out on this exceptional investment opportunity!
| Price History | |
|---|---|
| 1/24/2024 | Listed $1,150,000 |
General Features
| Sewer | Connected,PublicSewer |
|---|---|
| Heating | ForcedAir,Gas |
| Cooling | CentralAir |
| Utilities | ElectricityAvailable,NaturalGasConnected,MunicipalUtilities,WaterConnected,SewerConnected |
| Possession | Negotiable |
| Security Features | FireAlarm,SmokeDetectors |
| Construction Materials | Brick |
| Year Built | 1870 |
| Electric | CircuitBreakers |
| Tenant Pays | AirConditioning,Electricity,Gas,Heat,HotWater |
| Stories | 2 |
| Levels | Two |
| Property SubType | Commercial |
| Tax Year | 2022 |
| Gross Income | 93600.0 |
| OwnerPays | CommonAreaMaintenance,ExteriorMaintenance,HVACMaintenance,Insurance,Repairs,SnowRemoval,Sewer,Taxes,TrashCollection,Water |
| Community Features | HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,Sidewalks,TennisCourts |
| County | Providence |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Possible Use | MultiFamily,Residential |
| Garage Y/N | No |
| Status | Active |
| City | Woonsocket |
| Buyer Agent Compensation | 2.25% VNS |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 6 |
| Lot Size Square Feet | 14375.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Number of Units Leased | 5 |
| Street Name | North Main |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Tax Annual Amount | 15868.0 |
| 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 |
| Days on Market | 10 |
| Structure Type | Apartment |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Tax Assessed Value | 611700 |
| Tax Lot | 71 |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Full |
|---|---|
| Furnished Y/N | Unfurnished |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 8914.0 |
| Street Suffix | Street |
| Laundry Features | InUnit |
| Electric On Property Y/N | No |
Exterior Features
| Water Source | Connected,Public |
|---|---|
| Total Parking | 14.0 |
| Lot Size Area | 14375.0 |
| Foundation Details | ConcretePerimeter |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 8914.0 |
| Lot Size Acres | 0.33 |
| 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 Commercial Average in 02895
Price
Taxes
Visits
Year Built
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.
