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592 Front ST Woonsocket, RI 02895
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Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,158 sqft
Price per Sqft $131
MLS Listing ID 1374630
Sold Date 02/06/25
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 4,158
Year Built 1920
Annual Tax Amount $3,790
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi Family
Property Description
Discover this prime investment opportunity on Front Street in Woonsocket a three-family property with solid paying tenants, room for growth, and exceptional amenities. The property features two coin-operated laundry sets in the basement for added convenience and revenue. Each unit offers functional layouts and stable tenants, making this an ideal asset for investors or first-time homebuyers. Situated in a convenient location, tenants enjoy proximity to shopping, dining, Park and Market Squares. The commuter bus route to Providence is nearby, and there are numerous fun activities on nearby main st including the new and improved bike path on Truman Drive and the scenic setting near the falls and River at River Island Park. This property offers multiple income streams and long-term growth opportunities. Investors can capitalize on stable occupancy and increase returns with minor upgrades. First-time buyers can live in one unit while offsetting costs with rental income. Additional EIGHT Garages in rear offer extra income. 5 currently rented for $800 and 3 are vacant. Don't miss this chance to own a high-potential, versatile property in Woonsocket. Schedule your showing today!
Location
State RI
County Providence
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Attic, Tub Shower
Heating Baseboard, Gas, Hot Water
Cooling None
Flooring Hardwood, Laminate, Vinyl, Carpet
Fireplaces Type None
Fireplace No
Window Features Thermal Windows
Appliance Common Water Heater, Dryer, Oven, Range, Refrigerator, Water Heater, Washer
Laundry Common Area
Exterior
Exterior Feature Paved Driveway
Parking Features Detached
Garage Spaces 8.0
Community Features Golf, Highway Access, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
Utilities Available Sewer Connected
Total Parking Spaces 19
Garage Yes
Building
Foundation Stone
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Plaster,Aluminum Siding
New Construction No
Others
Senior Community No
Tax ID 592FRONTSTWOON
Financing Conventional
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