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Sold for $1,250,000 on 04/28/25
  • $1,250,000

    786 Social St, Woonsocket, RI 02895

    19beds
    7,368sqft
    5+ Family - 5+ Units Up/Down
    Built in 1910
    -- sqft lot
    $1,263,800 Zestimate®
    $170/sqft
    $-- Estimated rent

    What's special

    786 Social is a high-performing six-unit asset generating a strong $11,925/month ($143K annually), consisting of (1) 4-bed/2-bath, (1) 3-bed/2-bath, and (4) 3-bed/1-bath units. Each unit has its own washer & dryer, balcony, and spacious living area. With separate electric and gas meters (paid by tenants) and trash removal covered by the city, this is a low-expense property. The asset consists of two 3-unit buildings on one parcel, both having undergone extensive upgrades, including new roofs, siding, electrical, kitchens, bathrooms, flooring, and appliances. Offering a blend of turnkey and value-add potential, this property provides immediate & significant positive cash flow with no work required, while still allowing for additional renovations to further increase revenue. Large, clean basements offer potential storage income, and there's upside potential for condo conversions. An appraisal valued the property at $1.25M, which we have in hand. Financials available.

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 01:54pm

    Listed by:

    John Slyman,

    John Slyman

    Bought with:

    John Slyman

    John Slyman

    Source: MLS PIN,MLS#: 73335306

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 8
    • Full bathrooms: 8
    Features
    • Upgraded Cabinets, Upgraded Countertops, Remodeled
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 7,368
    • Total interior livable area: 7,368 sqft
    • Finished area above ground: 7,368

    Property

    Parking
    • Total spaces: 7
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Balcony
    • Frontage length: 60.00
    Lot
    • Size: 7,840 sqft
    Details
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1910

    Utilities & green energy

    • Electric: Individually Metered
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Laundromat, Highway Access, Public School, University
    Location
    • Region: Woonsocket

    HOA & financial

    Other financial information
    • Total actual rent: 11925
    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 .

    $1,263,800
    2% more+ $25,276
    With Zillow Showcase(estimated)
    $1,289,076