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118 Church ST Woonsocket, RI 02895
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Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,058 sqft
Price per Sqft $140
MLS Listing ID 1365964
Bedrooms 9
Full Baths 3
Year Built 1900
Annual Tax Amount $4,089
Tax Year 2023
Lot Size 5,000 Sqft
Property Sub-Type Multi Family
Property Description
HIGHEST AND BEST BY 8/17 at noon. Welcome to this stunning, over-sized, and well-maintained 3-family home located on a quiet, clean street in the heart of Woonsocket! Each unit features 3 large bedrooms, 1 full bathroom, a kitchen, a dining room, and its own private mini backyard perfect for enjoying some outdoor space. The first and second floors each have a private entrance and a balcony, offering added privacy and outdoor enjoyment. The expandable attic offers plenty of possibilities, including the potential to convert the attic and third floor into a townhouse. Underneath the current flooring, you'll find hardwood floors throughout that can be restored to their original beauty. The basement is currently used for tenant storage and includes a coin-operated laundry machine. Additionally, there is an over-sized 1-car garage that can be used for parking and/or storage, along with off-street parking for tenants in the driveway and behind the house. All units are fully rented, currently generating $4,825 in income, with room for potential rent increases. The lowest current rent is $1,400. There's additional income potential if the third floor is expanded into a townhouse, and the garage, which is currently used by the owner for storage, is rented out. The basement also offers ample space to create additional storage units if desired for additional income. Don't miss out on this amazing opportunity!
Location
State RI
County Providence
Zoning R4
Interior
Heating Central, Forced Air, Gas, Space Heater
Cooling None
Flooring Ceramic Tile, Hardwood, Vinyl
Laundry Common Area
Exterior
Exterior Feature Paved Driveway
Parking Features Detached
Garage Spaces 1.0
Community Features Highway Access, Near Schools, Public Transportation, Restaurant, Shopping
Utilities Available Sewer Connected
Building
Foundation Combination
Sewer Connected
Water Connected
Structure Type Drywall,Plaster,Wood Siding
New Construction No
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