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454 - 456 Winter Street Woonsocket

$650,000
6 4 4,950 sq ft

The Property

Welcome to 454 – 456 Winter Street, Woonsocket, RI – a fantastic investment opportunity featuring a fully occupied 4-unit multifamily property. Each unit is spacious and well-maintained, offering comfortable living spaces for tenants. Tenants pay for all utilities, except for heat, which the owner covers at a minimal cost of just $100 per month. This setup ensures steady cash flow and low operating expenses.

The property also includes a detached 3-car garage, providing additional storage or potential rental income. Situated in a convenient location near shops, schools, and public transportation, this property offers both value and potential for future appreciation. With all units fully rented, this property is a turn-key investment with reliable income. Don’t miss out on this opportunity to own a multi-family property with minimal owner expenses and maximum rental potential. Perfect for seasoned investors or those looking to expand their portfolio!

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Listing Details

MLS Number

1372488

Lot Size:

0.28 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Heating: Electric, Natural Gas, Baseboard
  • Heating Fuel: Electric, Natural Gas, Baseboard
  • Garage: 1
  • Year Built: 1915

Market Trends for Multi Family
in Woonsocket

  • Overview
    Homes for Sale Today23-67.1% decrease in inventory
    New on Market *2161.5% increase in new listings
    Avg. Asking Price/Sq.Ft. *$150.06$5 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$530,357$912 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *152.77%45.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$143.39$20 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7820 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 Century 21 The Seyboth Team

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