River & Transit St, Woonsocket, RI

$1,198,000

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12

Beds

8

Baths

5,716

Square feet

0.30

Acres

About River & Transit St

Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) An 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. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (RI MLS 1393027) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. Laundry in building! 4 car garage! Sold as package or individually!

Features of River & Transit St

MLS® # 73430058
Price $1,198,000
Bedrooms 12
Bathrooms 8.00
Full Baths 8
Square Footage 5,716
Acres 0.30
Year Built 1900
Type Residential Income
Sub-Type 4 Family
Status Active

Community Information

Address River & Transit St
City Woonsocket
County Providence
State RI
Zip Code 02895

Amenities

Parking Spaces 14
Parking Off Street, Common
# of Garages 4
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Stories 2

Additional Information

Zoning MU1 & R3

Listing Details

Agent Donald Martone
Office BOND BROKERAGE

Listing Map

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