201 - 199 4th Av
Woonsocket, RI 02895
- 12 beds
- 4 baths
- 4,632 sqft
- 6,098 sqft lot
- $118 per sqft
- 1920 build
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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!
Listing courtesy of RIMLS / Peace of Mind Prop. Mgmt & R.E
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Last updated Apr 21, 2024
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MLS# 1350928 —
Walk Score®
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Bike Score®
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Transit Score®
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Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/29/24
Feb 29, 2024
|
Sold | RIMLS | $550,000 | 4.8% |
2/9/24
Feb 9, 2024
|
Pending | RIMLS | $525,000 | |
1/19/24
Jan 19, 2024
|
Sold Subject To Contingencies | RIMLS | $525,000 |