This strong income producer is ideal for an investor or owner occupant looking to have solid investment. The property can use some sprucing on the interior but has good bones. Might require 203K or Renovation Loan for an FHA or VA Buyer. Roof was installed approximately 9 years ago and Exterior paint was done about the same time. First floor is vinyl sided. There is a three bay garage in the back currently occupied by the Seller that he's willing to pay to rent going forward, which will make your income all the stronger. Tenants pay by the week with all utilities included which is why the rent is so strong. The rental income would indicate a much higher list price, however we need to balance what the market pricing and the current property condition for appraisal purposes. Offers up to about 10% over list price should still be likely to appraise. This property is a win for anyone who doesn't mind doing their own improvements or is comfortable adding value over time. CURRENT lead certificates are available for each unit and the third floor has new windows. Check out the 360 Tour and schedule your viewing today!
Sold for $550,000 on 02/29/24
$550,000
201-199 4th Ave, Woonsocket, RI 02895
12beds
4,632sqft
Multi Family
Built in 1920
-- sqft lot
$697,300 Zestimate®
$119/sqft
$1,844 Estimated rent
Home value
$697,300
$648,000 - $753,000
$1,844/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 01, 2024 at 08:37am
Listed by:
Stacy Corrigan 401-829-8323,
Peace Of Mind Prop. Mgmt & R.E
Bought with:
Fida Salameh, RES.0045456
Peace Of Mind Prop. Mgmt & R.E
Source: StateWide MLS RI,MLS#: 1350928
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Electric, Natural Gas, Baseboard, Space Heater, Steam
Cooling
- None
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
Features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Walls)
- Flooring: Hardwood, Laminate, Wood, Vinyl
- Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
- Attic: Attic Stairs, Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 8,768
- Total interior livable area: 4,632 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached, Driveway
- Garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Flat Thresholds
Features
- Stories: 4
- Patio & porch: Porch
Lot
- Size: 6,098 sqft
Details
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Paneled, Plaster, Shingles, Vinyl Siding, Wood
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, 110 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Woonsocket
- Subdivision: Fairmount
HOA & financial
Other financial information
- Total actual rent: 7760
Price history
| Date | Event | Price |
|---|---|---|
| 2/29/2024 | Sold | $550,000+4.8%$119/sqft |
Source:  StateWide MLS RI #1350928 | ||
| 2/9/2024 | Pending sale | $525,000$113/sqft |
Source: StateWide MLS RI #1350928 | ||
| 1/19/2024 | Contingent | $525,000$113/sqft |
Source: StateWide MLS RI #1350928 | ||
| 1/12/2024 | Listed for sale | $525,000$113/sqft |
Source: StateWide MLS RI #1350928 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Fairmount
Nearby schools
GreatSchools rating
- 2/10Kevin K. Coleman SchoolGrades: K-5Distance: 0.1 mi
- 3/10Woonsocket Middle @ Villa NovaGrades: 6-8Distance: 1.4 mi
- NAWoonsocket Career An Tech CenterGrades: 9-12Distance: 2.2 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$697,300
2% more+ $13,946
With Zillow Showcase(estimated)
$711,246