432 river street Woonsocket, RI 02895

Attention investors, produces 10%+ cap rate annually! This sale includes 3 buildings on 2 lots with a shared driveway. This sale is to be combined with a 3rd lot that is across the street that is used for parking. Total of 13 units. 100% occupied. Mix of leases and at will tenants. 432 River Street building contains 6 units. 1990 renovated to the studs. 6 units fully occupied. 101 River Street building contains 6 units. 1993 renovated to the studs. 6 units fully occupied. This sale includes the 2 bedroom cottage located on same lot. Cottage was renovated in 1988. All buildings were vinyl sided, re-wired, new plumbing, concrete basement floor, replacement windows and doors. Also, included in sale is the parking lot known as River Street (Tax Acct. 00901369). Taxes are $621.04.


Property Details

MLS#
1159065
Type
Commercial
County
Providence
Year Built
1910
Lot Size
10,455 Sq Ft
Taxes
$14,680
Tax Year
2017

Additional Details


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Woonsocket

Woonsocket is one of the most heavily French-Canadian cities in New England. Historically, the city has been called, “La ville la plus française aux États-Unis” (The most French city in America). In the spirit of the French, a joie de vivre pervades the Woonsocket area with its many attractions and pastimes.


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LISTING AGENT: Antrop & Williamson
LISTED BY: RESIDENTIAL PROPERTIES LTD.

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