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786 Social St, Woonsocket, MA

Woonsocket · MA 02895

$1,250,000
Price
19
Beds
8
Baths
7368
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 6 Units
Lot size: 7,840 Sq.Ft Lot
Price per square foot: $170 / Sq.Ft
Parking: 7 Off Street Spaces

About this home

786 Social is a high-performing six-unit asset generating a strong $11,925/month ($143K annually), consisting of (1) 4-bed/2-bath, (1) 3-bed/2-bath, and (4) 3-bed/1-bath units. Each unit has its own washer & dryer, balcony, and spacious living area. With separate electric and gas meters (paid by tenants) and trash removal covered by the city, this is a low-expense property. The asset consists of two 3-unit buildings on one parcel, both having undergone extensive upgrades, including new roofs, siding, electrical, kitchens, bathrooms, flooring, and appliances. Offering a blend of turnkey and value-add potential, this property provides immediate & significant positive cash flow with no work required, while still allowing for additional renovations to further increase revenue. Large, clean basements offer potential storage income, and there's upside potential for condo conversions. An appraisal valued the property at $1.25M, which we have in hand. Financials available.

Neighborhood & Transit

786 Social St, 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:
623 days
Listing Price:
$1,250,000
Price per Sq.Ft:
$170
Tax Assessment:
$502,400 in 2024
Taxes:
$1,130 / Monthly

Home Facts

Interior Features

Bedrooms
19
Full Bathrooms
8
Half Bathrooms
0
Living Area
7,368 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7368
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
7,840 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
John Slyman
Listing office
John Slyman
MLS PIN #
73335306
Disclosure
No warranty or representation, expressed or implied, is made by the Owner or Broker regarding the accuracy or completeness of the information provided, including financial projections or property details. Prospective purchasers are advised to conduct their own due diligence.