118 Church ST, Woonsocket, RI 02895

$530,000  |  9 Bedrooms  |  3 Bathrooms  |  2-4 Units Multi Family  |  Apartment  |  MLS # 1365964

Welcome to this stunning, over-sized, and well-maintained 3-family home located on a quiet, clean street in the heart of Woonsocket! Each unit features 3 large bedrooms, 1 full bathroom, a kitchen, a dining room, and its own private mini backyard—perfect for enjoying some outdoor space. The first and second floors each have a private entrance and a balcony, offering added privacy and outdoor enjoyment.
The expandable attic offers plenty of possibilities, including the potential to convert the attic and third floor into a townhouse. Underneath the current flooring, you’ll find hardwood floors throughout that can be restored to their original beauty. The basement is currently used for tenant storage and includes a coin-operated laundry machine.
Additionally, there is an over-sized 1-car garage that can be used for parking and/or storage, along with off-street parking for tenants in the driveway and behind the house. All units are fully rented, currently generating $4,825 in income, with room for potential rent increases. The lowest current rent is $1,400. There’s additional income potential if the third floor is expanded into a townhouse, and the garage, which is currently used by the owner for storage, is rented out. The basement also offers ample space to create additional storage units if desired for additional income.
Don’t miss out on this amazing opportunity!