Home For Sale In Woonsocket, Rhode Island

house for sale

Listed: 05/19/24

196, 198, 200, 202 4th Avenue, Woonsocket, RI 02895, USA

10 Bed:

4 Bath:

4,149 Sq Ft Living Area:

Price

$ 525,000

Sold

Show 6 more

About This House

Presenting an exceptional opportunity for astute investors, this dependable four-unit property stands as a testament to reliability and profitability. Key to its success are the on time, paying tenants who occupy its units, alongside a prestigious anchor tenant on the coveted first floor. This ensures a hassle-free ownership experience.Featuring a sought-after configuration of two 3-BR units, and two 2-BR units, alongside an impressive nearly 7% cap rate. Recent upgrades, including the replacement of all four hot water heaters, updated fire alarm panel, removal of visible knob and tube wiring, repainting of the main hallway and porches, underscore this property as a solid investment.Additionally, the presence of five rear parking spaces complemented by ample street parking ensures convenience and tenant retention for the long term.Check out the 360 tour and be sure to attend on of the three open houses this weekend!

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