242 4th Avenue

Woonsocket, RI 02895
$699,900
A jewel for your portfolio! This turnkey 5-unit building offers immediate cash flow with major upside potential. The spacious layout includes one oversized 4-bed, 2-bath unit and four 2-bed, 1-bath units each with separate tenant-paid gas and electric. The full 4th floor, currently vacant, includes 4 rooms and common spaceRead MoreRead Less
Courtesy of Engel & Volkers, The DiSpirito Team, 401-638-0010.
Listing Snapshot
Days Online
75
Last Updated
Lot Size
0.13 Acres
Year Built
1930
MLS Number
1385859
30 Days Snapshot Of 02895
$393k
0%
(avg) sold price
15
-42%
homes sold
19
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: CityStreet, Paved
Basement
Full
Building
Built in 1930, Total building area : 0, 1 building, 3, 3 total stories
Community
Features: HighwayAccess, NearHospital, NearSchools, PublicTransportation, RecreationArea, Restaurant, Shopping, TennisCourts
Cooling
None
Expenses
Operating expense: $22,530
Heating
Gas, Steam
Income
Gross income: $84,420, Net operating income: $61,890
Laundry
CommonArea
Lot
5,663 sqft
Parking
Parking total: 5
Property
Zoning: R4
Security Features
CarbonMonoxideDetectors, FireAlarm, SmokeDetectors
Sewer
Connected, PublicSewer
Taxes
Annual amount: $11,415, Year: 2024
Tenant Pays
Electricity, Heat
Utilities
Amps100, CircuitBreakers, ElectricityAvailable, NaturalGasConnected, MunicipalUtilities, WaterConnected, SewerConnected
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Monthly Payment
$0
Carl Osorio
Broker/Owner
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