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106 - 114 Main Street Woonsocket

$799,000
7 6.5 6,400 sq ft

The Property

106-114 Main Street (Honan’s Block) in downtown Woonsocket was built in 1879. Listed on the National Historic Register, the two inter-connected buildings are a legal 5-unit mixed-used property consisting of 2 commercial storefronts and 3 residential apartments. One is a retail store currently leased for $1050/month, and the other is a café/restaurant currently leased for $1100/month.  The residential units are as follows: 1A, a 2000 sqft unit 3 bed and 2 bath unit currently leased for $2395/month; 2B, an 1100 sqft 2 bed 1 bath unit currently leased for $1200/month; and 3C, an 1100 sqft 2 bed 1 bath unit currently leased for $1295/month.  Each unit has been uniquely updated, highlighting the historic features of the property, especially the two-floor owners’ townhouse with tin ceilings, brick walls and expansive windows.  The residential units feature loft-like floor plans, hardwood floors and high ceilings with plenty of natural light. Honan’s Block is not just the coolest building you could find anywhere in the state, but it’s also in great shape—from updated windows to modern wiring to plumbing to much much more.  This listing is a unique opportunity for owner-occupants and investors alike.

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Listing Details

MLS Number

1371545

Lot Size:

0.12 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Shopping
  • Patio
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Garage: 1
  • Laundry
  • Local Historic District
  • Year Built: 1879

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Market Trends for Multi Family
in Woonsocket

  • Overview
    Homes for Sale Today18-75.7% decrease in inventory
    New on Market *11-21.4% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$123.78$27 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$486,346$33,521 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.67%-32.1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$148.66$6 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *728 decrease 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?

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

Listed by Compass

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