9 Wilson AVE Pending

Woonsocket,RI 02895

$ 629900

12 Beds

4 Baths

5570 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,570 sqft

Price per Sqft $113

MLS Listing ID 1376633

Bedrooms 12

Full Baths 4

Year Built 1893

Annual Tax Amount $5,494

Tax Year 2023

Lot Size 3,484 Sqft

Property Description

OPEN HOUSE CANCELED DUE TO ACCEPTED OFFER*** Proforma Cap Rate- 11.07% This property is a tremendous investment offering immediate cashflow. Featuring four 3-bedroom units all 900 +/- square feet. There is an above grade, unfinished storage area...potential for ADU? Currently unit 1 & 2 pays $1,500 per month, and the vacant second floor unit market rent is $1,800--gross monthly total is $6,600. All tenants are month-to-month. Perfect owner-occupant or investment opportunity. Home features vinyl siding. Roof is in good condition. Seller can accommodate a quick closing. Market Rent is roughly $1800 per unit/proforma gross monthly rent $7200

Location

State RI

County Providence

Interior

Heating Baseboard,Gas

Cooling None

Flooring Laminate,Vinyl

Fireplaces Type None

Exterior

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

Utilities Available Sewer Available,Sewer Connected

Building

Foundation Brick/Mortar

Sewer Connected,Public Sewer

Water Connected,Public

Structure Type Drywall,Plaster,Vinyl Siding

New Construction No

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