72 Kendrick Avenue Woonsocket

$5,000,000
36,154 sq ft

The Property

ATTENTION DEVELOPERS AND INVESTORS! Incredible opportunity in Woonsocket to own a fully updated 21-unit residential building offering strong returns. This property boasts an impressive 7% cap rate with an NOI of $359,600, making it an ideal addition to any investment portfolio. Total rents about $450,000. All units have been completely renovated with modern finishes, new appliances, and attractive, functional layouts designed to appeal to today’s tenants.

Conveniently located with easy access to local shops, restaurants, and everyday amenities, and just minutes from the downtown district. Close to major commercial corridors including Diamond Hill Road and Mendon Road. Easy access to Interstate 146 provides convenient commuting to Providence and Worcester. Near the Blackstone River and Blackstone River Greenway, with close proximity to Landmark Medical Center.

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Listing Details

MLS Number

1405159

Lot Size:

0.83 acres

Features

  • Urban
  • Year Built: 1900

Market Trends for Commercial Properties
in Woonsocket

  • Overview
    Homes for Sale Today38-88.4% decrease in inventory
    New on Market *1042.9% increase in new listings
    Avg. Asking Price/Sq.Ft. *$29.19$3 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$875,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *125 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 Century 21 Limitless

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