47 Wood Avenue Woonsocket, RI 02895
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyProvidence
- Taxes$8,280
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive
- MLS ID Number1359797
- Home Size Source Owner
- Year Built1920
- Lot Size0.1974 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Construction ClapboardWood Siding
- Parking No Garage
- Parking Spaces 10
- Sewer Public Sewer
- Electric 100 Amp Service
- Basement FullFinishedInterior Entry
- Number of Stories 0
- Acreage 0.1974
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Utilities Sewer Connected
Interior Features
- Cooling None
- Heating Forced AirGas
- Appliances Water Heater
- Flooring CarpetCeramic TileHardwoodLaminate
- Fireplaces 0
- Fireplace No
Community Features
- Senior Community No