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Overview

  • Updated On:
  • August 16, 2026
  • 2
  • Bathrooms
  • 8
  • Rooms
  • 4
  • Bedrooms
  • 0 ac
  • Property Lot Size

419 Fairmount Street, Woonsocket, Residential Income

$ 459,900
419 Fairmount Street, Woonsocket

Description

Investment opportunity! Exceptionally well-maintained by the same owner for over 40 years, this solid 2-family property offers immediate income with long-term tenants already in place who would love to stay. Both spacious units feature approximately 999 sq. ft. with 2 bedrooms, clean kitchens each featuring painted tin ceilings for turn of the century fire protection and charm, and a combination of laminate, vinyl, and carpet flooring. Separate gas and electric utilities, plus a house meter for the common basement, make management simple. A common washer and dryer are available for tenant use. Outside, enjoy an extremely low-maintenance vinyl exterior, detached one-car garage, parking for four additional vehicles, and a modest yard. Major capital improvements have already been completed, including a young roof, heating systems approximately 3 months and 10 years old, and hot water tanks just 3 months and 3 years old, providing peace of mind for years to come. The seller will obtain lead certificates prior to closing. With below-market rents offering excellent future upside and nearly 2,000 sq. ft. of living space, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build long-term wealth.

Property Id: 1197648
Price: $ 459,900
Property Lot Size: 0 ac
Rooms: 8
Bedrooms: 4
Bathrooms: 2
Accessibility Features: Flat Thresholds, Low Pile Carpet
Basement: Full, Interior and Exterior, Unfinished, Laundry, Utility
Bathrooms Full: 2
Building Area Total (sqft): 1998
Inclusions: Market Rents conservatively estimated at $1800 for first floor and $1700 for second floor. Actual rents currently being received are 900 first floor and 1050 second floor Long term paying tenants in place. Seller to obtain Lead Certificates prior to closing.
Community Features: Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Construction Materials: Dry Wall, Paneled, Plaster, Wood Wall(s), Vinyl Siding
Cooling: None
Other Equipment: Carpeting, Ceiling Fan
Parking Total: 5
Electric: 100 Amp Service, 110 Volts, 220 Volts, Circuit Breakers, Individual Meter
Fireplace Features: None
Flooring: Laminate, Vinyl, Carpet
Foundation Details: Brick/Mortar, Stone
Garage Spaces: 1
Heating: Natural Gas, Baseboard, Forced Water, Gas Connected
Laundry Features: Common Area, In Building
MLS Listing #: 1419095
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Paved Driveway, Sidewalks
Lot Size SQFT: 5663
MLS Status: Active
Number Of Units Total: 2
Parking Features: Detached
Bathroom Features: Bath w Tub & Shower
Sewer: Public Sewer
State: RI
Stories: 2
Street Name: Fairmount
Street Number: 419
StreetNumberNumeric: 419
Street Suffix: Street
Structure Type: Up/Down
Annual Taxes: 4210
Utilities: Sewer Connected, Water Connected
Water Source: Municipal
Year Built: 1900

Address: 419 Fairmount Street
State/County:
Zip: 02895
Country: US

Other Features
Attic
Attic Stairs
Dryer
Gas Water Heater
Has Garage
Has Heating System
Insulation (Walls)
Open Parking
Oven/Range
Plumbing (Copper)
Plumbing (Mixed)
Plumbing (PEX)
Plumbing (PVC)
Property Attached
Refrigerator
Stairs
Wall (Dry Wall)
Wall (Paneled)
Wall (Plaster)
Wall (Wood)
Washer

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$ 2,721.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,147.08

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DISCLAIMER TEXT: 419 Fairmount Street | 1197648 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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