372 River ST new Save Request In-Person Tour Request Virtual Tour
Woonsocket,RI 02895
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,208 sqft
Price per Sqft $120
MLS Listing ID 1393018
Bedrooms 4
Full Baths 4
Year Built 1900
Annual Tax Amount $6,685
Tax Year 2025
Lot Size 4,791 Sqft
Property Sub-Type Multi Family
Property Description
Seize this excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on this high-yield investment schedule your showing today! Can also be sold as a package MLS # 1392331
Location
State RI
County Providence
Zoning MU1
Interior
Heating Baseboard,Gas
Cooling None
Flooring Ceramic Tile,Laminate,Other
Fireplaces Type None
Exterior
Community Features Golf,Highway Access,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Sidewalks
Utilities Available Sewer Connected
Building
Lot Description Paved
Foundation Combination
Sewer Connected
Water Connected
Structure Type Vinyl Siding
New Construction No
Others
Virtual Tour https://tour.RiLiving.com/372-River-Street-Woonsocket-RI-02895