668 Grove Street Woonsocket

$659,000
8 4 7,808 sq ft

The Property

668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6–6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer. Recent capital improvements — including four new hot water tanks — help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units.

With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay.

Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P&L or financial information being shared. All reasonable offers will receive consideration.

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Listing Details

MLS Number

1422169

Lot Size:

0.29 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Common, Laundry, Storage Space, Utility, Workout Room
  • Bus
  • Commuter Bus
  • Highway Access
  • Interstate
  • Private School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Baseboard, Gas on Gas
  • Heating Fuel: Natural Gas, Baseboard, Gas on Gas
  • Garage: 1
  • Paved Driveway
  • Sidewalks
  • Year Built: 1922

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