126 3rd Avenue Woonsocket

$685,000
0 5,227 sq ft

The Property

Welcome to 126 3rd Avenue, a must see investment opportunity in Woonsocket RI. The property offers a well-balanced mix of units, including a spacious Three-Bedroom Unit, 1 Two-Bedroom Unit, and 4 One-Bedroom Units. Gas and electric are separately metered and paid for individually by the tenants. Coin operated laundry machines are also available.

Rental income potential exceeds $8,000 per month. Tons of recent Upgrades have been done in the past year including, a complete commercial fire alarm system, Roof, Decks, Hallways, Appliances, Flooring, Paint, Trim, and more. This property is poised for a smooth transition for new owners seeking a turnkey investment in a great location in close proximity to the train station, schools, shops, and other amenities. The 5-family building adjacent to this building is also on the market and is available for sale. This is a unique opportunity to acquire both a 6 family building and an adjacent 5 family building, allowing ownership for a total of 11 units side by side with plenty of off street parking. This property presents a compelling investment opportunity with its size, unit mix, recent upgrades, and potential rental income.

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Listing Details

MLS Number

1351609

Lot Size:

0.12 acres

Features

  • Basement: Full
  • Heating: Space
  • Laundry
  • Type: Multi Family,Real Estate,Rental,Residential
  • Year Built: 1900

Market Trends for Commercial Properties
in Woonsocket

  • Overview
    Homes for Sale Today38-88.4% decrease in inventory
    New on Market *928.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$72.96$62 increase in List Price/Sq.Ft.
    Avg. Sale Price *$310,000$440,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *94.27%-7.6% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$9.69$10 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *18084 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by RE/MAX Impact

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