Woonsocket, RI 02895,242 4th Ave
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Woonsocket, RI 02895,242 4th Ave
Woonsocket, RI 02895,242 4th Ave
Woonsocket, RI 02895,242 4th Ave
Woonsocket, RI 02895,242 4th Ave
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Randal Engelmann

Randal Engelmann

Focus Real Estate

+1(617) 676-4082
$ 699,900
Est. payment /mo
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Pending

242 4th Ave Woonsocket, RI 02895

11 Beds

5 Baths

5,202 SqFt


UPDATED:

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

Acres 0.13

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Turnkey 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

Direction GPS

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Walk-Up Attic, Storage, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen

Heating Steam, Natural Gas, Common

Cooling None

Flooring Vinyl, Carpet, Hardwood

Appliance Range, Refrigerator

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

Total Parking Spaces 5

Garage No

Building

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public, Individual Meter

Others

Senior Community false


Listed by Engel & Volkers East Greenwich
agent

FOCUS Real Estate

Broker | License ID: 422219

+1(617) 676-4082

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242 4th Ave