Sold
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.