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47 Wood Avenue Woonsocket, RI $ 850,000
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$ 850,000 Get more info
47 Wood Avenue
$ 850,000
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Share Save

47 Wood Avenue

Woonsocket, RI, 02895
$ 850,000
Bedrooms8 Baths4.0 Sq 6,300

Monthly Estimate*

$ 5,938

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Multi-Family Home for sale in Woonsocket, RI

for $850,000 with 8 bedrooms and 4 full baths. This 6,300 square foot home was built in 1920 on a lot size of 0.1974.

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.High cap rate of 9.29 % and tenants are responsible for their own utilities.

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Multi-Family Active

Price

$ 850,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,280

Style

MultiFamily

Lot Size

0.1974

Year Built

1920

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1353304
Features
General
Sewer Connected PublicSewer
Heating ForcedAir Gas
Cooling None
Utilities SewerConnected
Possession Negotiable
Appliances WaterHeater
Garage Spaces 0.0
Construction Materials Clapboard WoodSiding
Year Built 1920
Electric Item100AmpService
Property SubType MultiFamily
Tax Year 2023
County Providence
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Total Rooms 12
Status Active
City Woonsocket
Buyer Agent Compensation 2%
View Y/N N
Senior Community Y/N N
Total Units 4
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
Virtual Tour https://tour.RiLiving.com/47-Wood-AV-Woonsocket-RI-02895--1353304
Days on Market 10
Structure Type Apartment
Standard Status Active
Tax Assessed Value 592300
Tax Lot 008
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Interior
Basement Full Finished InteriorEntry
Flooring Carpet CeramicTile Hardwood Laminate
Total Fireplaces 0
Total Stories 0
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 6300.0
Full Baths 4
Half Baths 0
Street Suffix Avenue
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features NoGarage
Water Source Connected Public
Total Parking 10.0
Lot Size Area 8599.0
Number of Buildings 2
Spa N
Building Area Total 6300.0
Lot Size Acres 0.1974
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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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!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/22/2024$850,000 Listed Price

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47 Wood Avenue, Woonsocket, RI, 02895 is a Multi-Family Home for sale at $850,000 with 6,300 sqft and a lot size of 0.1974. 47 Wood Avenue has 8 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 02895 which is in Woonsocket, RI

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