Woonsocket, RI 02895,242 4th AVE
Woonsocket, RI 02895,242 4th AVE
Woonsocket, RI 02895,242 4th AVE
43
See all 43 photos
$699,900
Est. payment /mo
12 Beds
6 Baths
9,384 SqFt
Pending

242 4th AVE Woonsocket, RI 02895

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
Sat
21
Jun
Sun
22
Jun
Mon
23
Jun
Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 9,384 sqft

Price per Sqft $74

Subdivision Fairmount

MLS Listing ID 1385858

Bedrooms 12

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 9,384

Year Built 1930

Annual Tax Amount $6,152

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi Family

Property Description

A jewel for your portfolio! This turnkey 5-unit building offers immediate cash flow with major upside potential. The spacious layout includes one oversized 4-bed, 2-bath unit and four 2-bed, 1-bath units each with separate tenant-paid gas and electric. The full 4th floor, currently vacant, includes 4 rooms and common space that a savvy investor may convert into additional rental income. Exterior and common areas have been freshly painted. Off-street parking for all units, ample street parking, and money-making coin-op laundry add to the appeal. Current rents are well below market value, providing strong growth potential. All tenants are month-to-month except one, offering flexibility for future rent adjustments or renovations. A rare opportunity to secure a high-performing asset with untapped value in today's market! This is a Commercial Property 5+ unit. (FHA, VA, RI HOUSING OR ANY OTHER OWNER OCCUPIED FINANCING DOES NOT QUALIFY- CONTACT YOUR LENDER ABOUT COMMERCIAL FINANCING)

Location

State RI

County Providence

Community Fairmount

Zoning R4

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Tub Shower

Heating Gas, Hot Water, Steam

Cooling None

Flooring Carpet, Hardwood, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Water Heater, Oven, Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Paved Driveway

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)

Utilities Available Sewer Connected

Total Parking Spaces 5

Garage No

Building

Foundation Stone

Sewer Connected

Water Connected

Structure Type Drywall,Shingle Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 2424THAVWOON

Virtual Tour https://tour.RiLiving.com/242-4th-Avenue-Woonsocket-RI-02895--1385858


Listed by Engel & Volkers

SCHEDULE A PRIVATE TOUR OF THIS HOME

agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone
Message

MORTGAGE CALCULATOR

Estimate your total mortgage payment, including taxes and insurance. Dont forget to consult your financial advisor.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.

WHY CLIENTS CHOOSE THE COURY TEAM 

Hear From A Few of Over 200+ Satisfied Past Clients

ASK AN EXPERT! 

agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone*
Message

NEED MORE INFORMATION ABOUT BUYING A HOME?

Name*
Phone
Message