243 Transit Street
Woonsocket, Rhode Island

MLS#: 1384862

$650,000 USD

  • Type
    Multi Family Home
  • Bedrooms
    8
  • Bathrooms
    4
The details

Property features

Key features

  • Golf Course Holes
  • Total Parking
  • Detached Garage

Construction details

  • Year built: 1922

Other features

  • Property features: Garage Balcony Deck
  • Appliances: Gas Water Heater
  • Heating system: Oil Steam Space Heater
  • Garages: 4

Area

  • Land/Lot size: 8,276ft²
  • Bedrooms: 8
  • Bathrooms: 4
  • Total rooms: 12

Description

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!

Location

Woonsocket, Rhode Island