130 E School Street Woonsocket

$620,000
4,800 sq ft

The Property

Investment opportunity with significant upside in this six-unit apartment building in Woonsocket. The property currently includes three occupied units generating rental income and three vacant units ready for renovation, offering immediate cash flow with the opportunity to increase future returns. Renovation work has already begun in portions of the building, including three newer heating systems, with two remaining to be connected. The property requires additional improvements and is well suited for investors looking to add value over time.

Ample off-street parking, a full basement with storage and mechanical space, and a convenient location near downtown, Route 146, shopping, restaurants, and Massachusetts add to the property’s long-term appeal. Whether you’re expanding an existing portfolio or taking on your next redevelopment project, this property offers the opportunity to build equity through thoughtful improvements while benefiting from income already in place. Buyer is responsible to do their own due diligence to verify all information on this listing. Property has code violations through City of Woonsocket. Multi-family listing ID:1416507

Read more

Listing Details

MLS Number

1416439

Lot Size:

0.16 acres

Features

  • Basement: Full
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Forced Air, Gas Connected
  • Heating Fuel: Forced Air, Gas Connected
  • Paved
  • Sidewalks
  • Urban
  • Year Built: 1900

See more features

Market Trends for Commercial Properties
in Woonsocket

  • Overview
    Homes for Sale Today36-89.7% decrease in inventory
    New on Market *11120% increase in new listings
    Avg. Asking Price/Sq.Ft. *$109.27$17 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$770,000$299,300 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.13%1.1% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$144.66$113 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *6533 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?

    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 Keller Williams Leading Edge
Email:
Phone: 401-333-4900

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!