$452,700

About this home

Rare opportunity to acquire THREE income-producing condominium units within a professionally managed 5-unit building. This package includes a total of 7 bedrooms, 4 bathrooms, and three separately deeded units. Currently generating $4,600 per month in rental income, the portfolio offers a diverse unit mix consisting of two 2-bedroom units, and one 3-bedroom unit. The property provides immediate cash flow with long-term appreciation and rental growth potential. Monthly HOA fees are $220 per unit and include water, sewer, trash collection, master insurance, snow removal and landscaping, helping reduce ownership responsibilities and maintenance expenses. A unique investment opportunity for buyers seeking multiple income producing units in one transaction with stable cash flow and strong rental demand in the Woonsocket market.

Property facts

Property type

Multi Family

Year built

1900

Lot size (acres)

0

Total rooms

10

Garage spaces

0

Total parking

6

Annual taxes

$4,239

Tax year

2025

HOA / condo fee

$220

Fee frequency

Monthly

County

Providence

Features

Heating

Electric, Natural Gas, Baseboard, Forced Air

Cooling

Wall Unit(s)

Basement

Full, Interior Only, Unfinished

Interior

Wall (Dry Wall), Plumbing (Mixed)

Parking

No Garage

Construction

Dry Wall

Utilities

Sewer Connected, Water Connected

Sewer

In Fee

Water

In Fee

Exterior

Balcony

Location