$1,850,000
12,336
Living Area
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Property Description
12 units on almost an acre of land available in Woonsocket, RI in an opportunity zone. This investment property brings in over $200,000 in rental income annually and has room to grow. New boiler and hot water tank in each of the 2 buildings. New bathtubs and vanities in 11 of the 12 units. Building #58 has gone through a complete remodel which includes new kitchen cabinets, appliances, flooring, fixtures, paint, etc. New structural supports in the basement, as well as a freshly poured concrete floors and parged walls in the basement. Building #64 has 3 of the 6 units that have been completely remodeled throughout. New concrete skirting and drainage system around both buildings. New coin-operated laundry in both buildings. Lead certificates obtained for 11 of the 12 units. Plenty of Parking. Firecoded. Great long-term investment.
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Highlights
- Parking Spots: 20
- Year Built: 1900
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Zoning: Res
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2024
- Taxes: $23,014
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