372 River Street
Woonsocket, RI 02895
- 4 beds
- 4 baths
- 5,208 sqft
- 4,792 sqft lot
- $124 per sqft
- 1900 build
Seize this excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. 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!
Last checked:
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Last updated May 13, 2025
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MLS# 1384927 —
The Building
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Year Built:1900
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New Construction:false
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Building Area Total:5208.0
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Construction Materials:VinylSiding
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Structure Type:Apartment
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Foundation Details:Combination
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Stories Total:2
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Basement:ExteriorEntry,Full,InteriorEntry,Unfinished
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Basement:true
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Window Features:ThermalWindows
Interior
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Flooring:CeramicTile,Laminate,Other
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:42.003356
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Longitude:-71.520056
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Features:Paved
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Lot Size Acres:0.11
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Lot Size Area:4792.0
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Lot Size Square Feet:4792.0
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Lot Size Units:SquareFeet
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Parcel Number:372376RIVERSTWOON
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Zoning:MU1
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 954-0270
- Office phone:
- (401) 954-0270
Taxes
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Tax Year:2025
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Tax Annual Amount:6685.0
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Tax Assessed Value:328100
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Tax Lot:148
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:Baseboard,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:Amps150
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Sewer:Connected
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Water Source:Connected
The Community
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Subdivision Name:Blackstone River
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Senior Community:false
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Community Features:Golf,HighwayAccess,NearHospital,NearSchools,Other,PublicTransportation,RecreationArea,Restaurant,Shopping,SeeRemarks,Sidewalks
Parking
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Parking Total:10.0
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Parking Features:NoGarage
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
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™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/13/25
May 13, 2025
|
Listed / Active | RIMLS | $650,000 |
