Seize this excellent investment opportunity in the heart of Woonsocket, RI! This freshly painted, well-maintained, fire coded, multi-family property generates a strong annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Property also offers tenants ample off street parking with a detached 4 car garage! 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 Donât miss out on this high-yield investmentâschedule your showing today! Can also be sold as a package MLS # 1392331
| Location | |
|---|---|
| City/Town | Woonsocket |
| County | Providence |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping |
| Interior | |
|---|---|
| Living Area | 6,740 sq. ft. |
| Rooms | 12 |
| Heating | Oil, Space Heater, Steam |
| Cooling | None |
| Interior Features | Wall (Plaster) |
| Additional Information | |
|---|---|
| Tax Assessment | $414,500 |
| Zoning | R3 |
| Exterior | |
|---|---|
| Acreage | 0.19 |
| Exterior Features | Balcony, Deck |
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