242 4th Ave Pending Save Request In-Person Tour Request Virtual Tour
Woonsocket,RI 02895
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Pending
Purchase Type For Sale
Square Footage 5,202 sqft
Price per Sqft $134
MLS Listing ID 73380937
Bedrooms 11
Full Baths 5
Year Built 1930
Annual Tax Amount $11,415
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Highest & Best by 12pm Wednesday 6/4/25Turnkey 5-unit investment gem! This fully occupied property features spacious units—four 2-bed/1-bath units and a massive 4-bed/2-bath unit—each with tenant-paid gas and electric. The 4th floor offers 4 additional rooms and common space, ideal for value-add income potential. Enjoy off-street parking for every unit, street parking, and a coin-op washer/dryer for added revenue. Recently painted exterior and refreshed common areas. Current rents are below market, offering solid upside. All tenants are month-to-month, except one. Don't miss this rare opportunity to boost your portfolio with cash flow and growth potential!
Location
State RI
County Providence
Zoning R4
Interior
Heating Steam,Natural Gas,Common
Cooling None
Flooring Vinyl,Carpet,Hardwood
Exterior
Exterior Feature Balcony/Deck
Community Features Public Transportation,Shopping,Pool,Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School
Utilities Available for Gas Range
Roof Type Shingle
Building
Story 11
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public,Individual Meter