47 Wood Avenue Woonsocket, RI $ 850,000
47 Wood Avenue
$ 850,000
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47 Wood Avenue

Woonsocket, RI, 02895
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,938

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Studio

Commercial Property for sale in Woonsocket, RI

for $850,000. This building was built in 1920 on a lot size of 0.197406.

WOW - CALLING ALL INVESTORS ON THIS ONE! Two houses on one lot. This turn key fully performing 8 unit property comprises a seven unit and a single family residence. This is the perfect income generating property that you do not want to miss! The main building features six 2 beds 1 bath units and one 1 bed 1 bath unit, with an average of 800 sqft per unit, while the rear building is a single family home featuring 3 beds and 1 bath with 978 square feet. On the outside, the property has been well maintained, in addition to the updated roof and driveways that offers ample room for all the tenants. Many new mechanicals throughout and updates done throughout the property. Investors looking for good long term equity and cash-flow, this is perfect for you.Tenants are responsible for their own utilities

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,280

Style

Commercial

Lot Size

0.197406

Year Built

1920

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1353301

Features
General
Sewer Connected PublicSewer
Utilities SewerConnected
Year Built 1920
Electric Item100AmpService
Property SubType Commercial
Tax Year 2023
Community Features StreetLights
County Providence
Net Operating Income 107400.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Woonsocket
Buyer Agent Compensation 2%
View Y/N N
Senior Community Y/N N
Total Units 0
Lot Size Square Feet 8599.0
Waterfront Y/N N
Carport Y/N N
Street Name Wood
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8280.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Structure Type Apartment
Standard Status Active
Tax Assessed Value 592300
Tax Lot 008
Cap Rate 9.29
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Exterior
Total Parking 6.0
Lot Size Area 8599.0
Number of Buildings 2
Spa N
Building Area Total 0.0
Lot Size Units SquareFeet
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 0.0
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 47
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* Excluded Features
List By
Century 21 The Seyboth Team

Broker

kyle@seybothteam.com

Email

Affordability Calculator

$6,628
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$690
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/22/2024$850,000 Listed Price

Map


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47 Wood Avenue, Woonsocket, RI, 02895 is a Commercial Property for sale at $850,000 with a lot size of 0.197406. 47 Wood Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 02895 which is in Woonsocket, RI