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136 3rd Avenue

Woonsocket, RI 02895
  • $650,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 1351605
UPDATED: 22 min ago
$650,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Welcome to 126 3rd Avenue, a must see investment opportunity in Woonsocket RI. The property offers a well-balanced mix of units, including a spacious Three-Bedroom Unit, 1 Two-Bedroom Unit, and 4 One-Bedroom Units. Gas and electric are separately metered and paid for individually by the tenants. The basement has coin operated laundry machines available as well. Rental income potential exceeds $8,000 per month. Tons of recent upgrades have been done in the past year including, a complete commercial Fire Alarm System, Roof, Decks, Hallways, some Appliances, Flooring, Paint, Trim, and more. This property is poised for a smooth transition for new owners seeking a turnkey investment in a great location in close proximity to the train station, schools, shops, and other are amenities. The 5-family building adjacent to this building is also on the market and is available for sale. This is a unique opportunity to acquire both a 6 family building and an adjacent 5 family building, allowing ownership for a total of 11 units side by side with plenty of off street parking. This property presents a compelling investment opportunity with its size, unit mix, recent upgrades, and potential rental income.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-23T21:38:07.91.
www.mercuriogroup.com/homes/147146080
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136 3rd Avenue Woonsocket, RI 02895

  • Price: $650,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 22 min ago
  • MLS #: 1351605
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1930
Built
County:
Providence
Area:
Woonsocket
Property Description
Welcome to 126 3rd Avenue, a must see investment opportunity in Woonsocket RI. The property offers a well-balanced mix of units, including a spacious Three-Bedroom Unit, 1 Two-Bedroom Unit, and 4 One-Bedroom Units. Gas and electric are separately metered and paid for individually by the tenants. The basement has coin operated laundry machines available as well. Rental income potential exceeds $8,000 per month. Tons of recent upgrades have been done in the past year including, a complete commercial Fire Alarm System, Roof, Decks, Hallways, some Appliances, Flooring, Paint, Trim, and more. This property is poised for a smooth transition for new owners seeking a turnkey investment in a great location in close proximity to the train station, schools, shops, and other are amenities. The 5-family building adjacent to this building is also on the market and is available for sale. This is a unique opportunity to acquire both a 6 family building and an adjacent 5 family building, allowing ownership for a total of 11 units side by side with plenty of off street parking. This property presents a compelling investment opportunity with its size, unit mix, recent upgrades, and potential rental income.
Exterior Features

Construction Materials Frame Foundation Details Stone Levels Three Or More Parking Total 5

Interior Features

Basement Full Basement YN Yes Cooling Window Units Cooling YN Yes Heating Space Heater

Property Features

Business Type Real Estate Community Features Sidewalks Street Lights Electric Item220 Volts Human Modified YN No Land Lease YN No Laundry Features Common Area New Construction YN No Owner Pays Common Area Maintenance Exterior Maintenance Sewer Taxes Trash Collection Water Possible Use Investment Multi Family Residential Property Sub Type Commercial Road Frontage Type City Street Security Features Fire Alarm Fire Escape Smoke Detectors Security Lights Sewer Public Sewer Structure Type Multi Family Tax Annual Amount 9093.86 Tax Assessed Value 343100 Tax Lot 22 Tax Year 2023 Tenant Pays Cable TV Electricity Gas Heat Hot Water Utilities Cable Available Electricity Available Natural Gas Connected Municipal Utilities Phone Available Water Connected Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Impact: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-23T21:38:07.91.
 
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Pawtucket RI, 02861