New Listing - 05/13/2025
243 251 Transit Street, Woonsocket, RI, 02895
12 rooms
8 beds
4 Full baths
1922
Seize this excellent investment opportunity in the heart of Woonsocket, RI! This freshly painted, well-maintained, fire coded, multi-family property generates a strong annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Property also offers tenants ample off street parking with a detached 4 car garage! Ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on this high-yield investment schedule your showing today!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
4
Zoning:
R3
Garage:
4-car Detached, Garage
Heating:
Oil, Steam, Space Heater
Cooling:
None
Basement:
Full, Interior Entry, Unfinished
Parking:
8-car
Acreage:
0.19
Est. Taxes:
$8,578
Assessment
$414,500
Construction
Plaster,Other
Utilities
Sewer Connected
Lot Description:
Corner Lot
Amenities:
Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
Appliances:
Gas Water Heater, Water Heater
MLS #:
1384862
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Bond Brokerage Phone: 401-954-0270