Address
136 3rd Avenue, Woonsocket, RI
Price
$ 650,000
Property Attributes
  • MLS#1351605
  • TypePending
  • CountyPROVIDENCE
  • CityWoonsocket
  • Zip02895
  • StyleCommercial
  • Year Built1930
  • Taxes$ 9093
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Welcome to 136 3rd Avenue, a must see investment opportunity in Woonsocket RI. The property offers a well-balanced mix of units, including a massive 4-Bedroom Unit on the first level, and 4 Two-Bedroom Units above. Gas and electric are separately metered and paid for individually by the tenants. The basement has coin operated laundry machines available as well. 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, some 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 are amenities. The 6-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 $650,000

General Features

Sewer PublicSewer
Heating SpaceHeater
Cooling WindowUnits
Utilities CableAvailable,ElectricityAvailable,NaturalGasConnected,MunicipalUtilities,PhoneAvailable,WaterConnected
Security Features FireAlarm,FireEscape,SmokeDetectors,SecurityLights
Construction Materials Frame
Year Built 1930
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 Sidewalks,StreetLights
County Providence
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Possible Use Investment,MultiFamily,Residential
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 5663.0
Waterfront Y/N No
Carport Y/N No
Street Name 3rd
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 9093.86
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
Occupancy Description Tenant
Tax Assessed Value 343100
Tax Lot 22
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 5.0
Lot Size Area 5663.0
Foundation Details Stone
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
AVG $520K
$650K
Taxes
AVG $5,974
$9,093
Visits
AVG 244
132
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1930

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