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0 Fourth Avenue, Woonsocket
0 Fourth Avenue, Woonsocket
0 Fourth Avenue, Woonsocket
0 Fourth Avenue, Woonsocket
0 Fourth Avenue, Woonsocket
0 Fourth Avenue, Woonsocket
0 Fourth Avenue, Woonsocket
0 Fourth Avenue, Woonsocket

0 Fourth Avenue Woonsocket

$695,000
16,182 sq ft

Map View Street View

The Property

EASY APPROVALS & DEVELOPMENT OPPORTUNITY!!! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive average rent of $2,100 per unit, this site presents a golden opportunity to tap into a proven and flourishing rental market. Capitalize on the neighboring developer’s hard work and leverage this prime spot in an up-and-coming area.

The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket’s proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision—don’t miss out on this exceptional development potential!

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Listing Details

MLS Number

1370030

Lot Size:

0.37 acres

Features

  • Bus
  • Commuter Bus
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Gravel
  • Suburban
  • Corner Lot
  • Paved Driveway
  • Paved

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Market Trends for Unimproved Land
in Woonsocket

  • Overview
    Homes for Sale Today775% increase in inventory
    New on Market *1100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$0 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 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 Engel & Volkers

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