Rare opportunity to acquire THREE income-producing condominium units within a professionally managed 5-unit building. This package includes a total of 7 bedrooms, 4 bathrooms, and three separately deeded units. Currently generating $4,600 per month in rental income, the portfolio offers a diverse unit mix consisting of two 2-bedroom units, and one 3-bedroom unit. The property provides immediate cash flow with long-term appreciation and rental growth potential. Monthly HOA fees are $220 per unit and include water, sewer, trash collection, master insurance, snow removal and landscaping, helping reduce ownership responsibilities and maintenance expenses. A unique investment opportunity for buyers seeking multiple income producing units in one transaction with stable cash flow and strong rental demand in the Woonsocket market.
| Location | |
|---|---|
| City/Town | Woonsocket |
| County | Providence |
| Interior | |
|---|---|
| Living Area | 3,145 sq. ft. |
| Rooms | 10 |
| Heating | Electric, Natural Gas, Baseboard, Forced Air |
| Cooling | Wall Unit(s) |
| Interior Features | Wall (Dry Wall), Plumbing (Mixed) |
| Additional Information | |
|---|---|
| Tax Assessment | $377,460 |
| Exterior | |
|---|---|
| Exterior Features | Balcony |
Information is deemed reliable but is not guaranteed.
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