503 Manville Road Woonsocket

$612,000
3,300 sq ft

The Property

Fantastic FIVE UNIT Investment or Owner-Occupant Opportunity! Proudly owned by the same owner for 40 years. Don’t miss this well-maintained 5-unit multifamily ideally situated on the Lincoln line! This FIVE UNIT property offers immediate cash flow with 7 bedrooms | 5 baths! 4 units currently leased and 1 vacant, perfect for an owner-occupant or investor looking to add value. Highlights include: Firecoded & Lead Certificate in place. Two 2-bedroom units and three 1-bedroom units.

Separate utilities and ample parking for all tenants. Young roof (approximately 5 years old). Exterior in excellent condition. Basement storage and on-site laundry for tenant convenience. Located in a prime area bordering Lincoln, RI, this property combines stability with upside potential. Current rents are well below market, offering strong future growth. All tenants are month-to-month, with long-term rental history ranging from 5 to 25 years. A solid investment with room to grow! DEADLINE: BEST & FINAL OFFER DUE BY WED, OCT 29 at 5:00 PM!

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Listing Details

MLS Number

1397764

Lot Size:

0.15 acres

Features

  • Basement: Full
  • Laundry Room
  • Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Tennis
  • Heating: Space Heater
  • Heating Fuel: Space Heater
  • Laundry
  • Urban
  • Year Built: 1921

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Listed by Homesmart Professionals

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