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47 Wood Avenue Woonsocket

$850,000
8 4 6,300 sq ft

The Property

WOW – CALLING ALL INVESTORS ON THIS ONE! Two houses on one lot. This turn key fully performing 8 unit property comprises a seven unit and a single family residence. This is the perfect income generating property that you do not want to miss! The main building features six 2 beds 1 bath units and one 1 bed 1 bath unit, with an average of 800 sqft per unit, while the rear building is a single family home featuring 3 beds and 1 bath with 978 square feet. On the outside, the property has been well maintained, in addition to the updated roof and driveways that offers ample room for all the tenants.

Many new mechanicals throughout and updates done throughout the property. Investors looking for good long term equity and cash-flow, this is perfect for you.High cap rate of 9.29 % and tenants are responsible for their own utilities.

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Listing Details

MLS Number

1353304

Lot Size:

0.20 acres

Features

  • Basement: Full
  • Clapboard
  • Wood
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Type: Apartment
  • Year Built: 1920

Market Trends for Multi Family Homes
in Woonsocket

  • Overview
    Homes for Sale Today18-96.4% decrease in inventory
    New on Market *1863.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$146.90$1 increase in List Price/Sq.Ft.
    Avg. Sale Price *$463,000$58,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *106.03%4% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$158.19$21 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *525 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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