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Sold for $550,000 on 02/29/24
  • $550,000

    201 4th Ave, Woonsocket, RI 02895

    12beds
    4,632sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $599,300 Zestimate®
    $119/sqft
    $1,534 Estimated rent

    What's special

    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!

    Zillow last checked: 7 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#: 1350928MLS Logo

    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
    • Parcel number: WOONM6EL246U21
    • 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
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $599,300
    2% more+ $11,986
    With Zillow Showcase(estimated)
    $611,286