Attention investors and homeowners seeking to generate income while building equity! 398 Park Avenue is a prime 3-family on a corner lot with strong income potential. This well-maintained property features two spacious 4-bedroom units and one spacious 3-bedroom unit, all with separate utilities and updated electric and plumbing. The large living areas and ample off-street parking add to its appeal. Conveniently located near local amenities, schools, and major highways, this is a true cash cow with strong rental potential – don’t miss out on this income-producing opportunity!
Sold for $610,000 on 12/27/24
$610,000
398 Park Ave, Woonsocket, RI 02895
11beds
3,726sqft
Multi Family
Built in 1900
-- sqft lot
$626,400 Zestimate®
$164/sqft
$1,840 Estimated rent
Home value
$626,400
$557,000 - $708,000
$1,840/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 27, 2024 at 10:19am
Listed by:
Paul ZARRELLA 401-942-0200,
Williams & Stuart Real Estate
Bought with:
Sean Cardoso, RES.0045251
Century 21 Limitless Prg
Source: StateWide MLS RI,MLS#: 1365740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub, Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Oven/Range, Refrigerator
Features
- Wall (Plaster), Stairs
- Flooring: Hardwood, Laminate
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,726
- Total interior livable area: 3,726 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 4,791 sqft
- Features: Paved
Details
- Parcel number: WOONM16AL230U27
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Public School, Restaurants, Schools, Near Shopping
Location
- Region: Woonsocket
HOA & financial
Other financial information
- Total actual rent: 5850
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $610,000+3.4%$164/sqft |
Source:  StateWide MLS RI #1365740 | ||
| 10/22/2024 | Pending sale | $589,900$158/sqft |
Source: StateWide MLS RI #1365740 | ||
| 10/11/2024 | Listed for sale | $589,900+309.7%$158/sqft |
Source: StateWide MLS RI #1365740 | ||
| 7/13/2007 | Sold | $144,000$39/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,724 | $324,900 |
| 2024 | $4,724 +4% | $324,900 |
| 2023 | $4,542 | $324,900 |
Find assessor info on the county website
Neighborhood: Bernon District
Nearby schools
GreatSchools rating
- 3/10Bernon Heights SchoolGrades: K-5Distance: 0.5 mi
- 2/10Woonsocket Middle at HamletGrades: 6-8Distance: 0.7 mi
- NAWoonsocket Career An Tech CenterGrades: 9-12Distance: 1.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$626,400
2% more+ $12,528
With Zillow Showcase(estimated)
$638,928