Homes for sale - 0 River & Transit ST, Woonsocket, RI 02895

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,948 sqft

Price per Sqft $106

Subdivision Blackstone

MLS Listing ID 1388734

HOA Y/N No

Abv Grd Liv Area 11,948

Year Built 1900

Annual Tax Amount $15,263

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Multi Family

Property Description

AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1384927) 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 (MLS 1384862) 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%. New roof! Laundry in building! Detached 4 car garage! Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on another high-yield investment. Both Properties are ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Call today!

Location

State RI

County Providence

Community Blackstone

Zoning MU1 & R3

Rooms

Basement Exterior Entry,Full,Interior Entry,Unfinished

Interior

Interior Features Stall Shower,Tub Shower

Heating Baseboard,Gas

Cooling None

Flooring Ceramic Tile,Laminate,Other

Fireplaces Type None

Fireplace No

Window Features Thermal Windows

Laundry Common Area

Exterior

Parking Features Detached

Garage Spaces 4.0

Community Features Golf,Highway Access,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Sidewalks

Utilities Available Sewer Connected

Total Parking Spaces 14

Garage No

Building

Lot Description Paved

Foundation Combination

Sewer Connected

Water Connected

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 0RIVER&TRANSITSTWOON