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198 4th Ave, Woonsocket, MA

Woonsocket · MA 02895

$550,000
Price
10
Beds
4
Baths
4149
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 4 Units
Lot size: 5,663 Sq.Ft Lot
Price per square foot: $127 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

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!

Neighborhood & Transit

198 4th Ave, Woonsocket · MA 02895

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
902 days
Listing Price:
$525,000
Price per Sq.Ft:
$127
Tax Assessment:
$337,700 in 2024
Taxes:
$730 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,149 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4149
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,663 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Stacy Corrigan
Listing office
Peace of Mind Property Management & Real Estate, Inc.
MLS PIN #
73238565
Disclosure
see attached