
$5,000,000 USD
Commercial for Sale, 72 Kendrick Avenue, Woonsocket, Rhode Island 02895
- MLS#1405159
Listed By Century 21 Limitless
The Commercial Property for Sale located at 72 Kendrick Avenue, Woonsocket, Rhode Island 02895 is currently for sale. 72 Kendrick Avenue, Woonsocket, Rhode Island 02895 is listed for $5,000,000.
Property features
Lot/Land
- Land/Lot size:
3,359 m² (36,154 ft²)
Construction
- Year built: 1900
Description
ATTENTION DEVELOPERS AND INVESTORS! Incredible opportunity in Woonsocket to own a fully updated 21-unit residential building offering strong returns. This property boasts an impressive 7% cap rate with an NOI of $359,600, making it an ideal addition to any investment portfolio. Total rents about $450,000. All units have been completely renovated with modern finishes, new appliances, and attractive, functional layouts designed to appeal to today’s tenants. Conveniently located with easy access to local shops, restaurants, and everyday amenities, and just minutes from the downtown district. Close to major commercial corridors including Diamond Hill Road and Mendon Road. Easy access to Interstate 146 provides convenient commuting to Providence and Worcester. Near the Blackstone River and Blackstone River Greenway, with close proximity to Landmark Medical Center.
Location
72 Kendrick Avenue, Woonsocket, Rhode Island 02895