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592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket
592 Front Street, Woonsocket

592 Front Street Woonsocket

$535,000
6 3 4,158 sq ft

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The Property

Discover this prime investment opportunity on Front Street in Woonsocket—a three-family property with solid paying tenants, room for growth, and exceptional amenities. While current rents are modest, there’s significant potential to raise them, especially since heat is included but separately zoned, allowing for the opportunity to add value to this investment.

The property features eight garages, providing additional rental income potential, a massive parking lot accommodating 11 cars, and two coin-operated laundry sets in the basement for added convenience and revenue. Each unit offers functional layouts and stable tenants, making this an ideal asset for investors or first-time homebuyers.

Situated in a convenient location, tenants enjoy proximity to shopping, dining, Park and Market Squares. The commuter bus route to Providence is nearby, and there are numerous fun activities on nearby main st including the new and improved bike path on Truman Drive and the scenic setting near the falls and River at River Island Park.

This property offers multiple income streams and long-term growth opportunities. Investors can capitalize on stable occupancy and increase returns with minor upgrades. First-time buyers can live in one unit while offsetting costs with rental income.

Don’t miss this chance to own a high-potential, versatile property in Woonsocket. Schedule your showing today!

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Listing Details

MLS Number

1374630

Lot Size:

0.22 acres

Features

  • Basement: Full, Interior Only, Unfinished, Common, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Baseboard, Forced Water
  • Heating Fuel: Natural Gas, Baseboard, Forced Water
  • Garage: 1
  • Laundry
  • Paved Driveway
  • Year Built: 1920

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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?

    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 Real Broker, Llc

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