Property Attributes
- MLS#1351609
- TypePending
- CountyPROVIDENCE
- CityWoonsocket
- Zip02895
- StyleCommercial
- Year Built1900
- Taxes$ 9441
- Price$ 685,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,227 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
Welcome to 126 3rd Avenue, a must see investment opportunity in Woonsocket RI. The property offers a well-balanced mix of units, including a spacious Three-Bedroom Unit, 1 Two-Bedroom Unit, and 4 One-Bedroom Units. Gas and electric are separately metered and paid for individually by the tenants. Coin operated laundry machines are also available. 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, 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 amenities. The 5-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 $685,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | SpaceHeater |
Cooling | WindowUnits |
Utilities | ElectricityAvailable,NaturalGasAvailable |
Security Features | FireAlarm,SmokeDetectors,SecurityLights |
Construction Materials | Frame |
Year Built | 1900 |
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 | NearSchools,Restaurant,Shopping |
County | Providence |
New Construction | No |
Property Type | CommercialSale |
HOA / Comm Assn | No |
Attached Garage | No |
Possible Use | MultiFamily |
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 | 5227.0 |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 3rd |
Property Attached Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 9441.08 |
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 |
Tax Assessed Value | 356200 |
Tax Lot | 212 |
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 | 6.0 |
Lot Size Area | 5227.0 |
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