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Overview

  • Updated On:
  • June 23, 2025
  • 4
  • Bathrooms
  • 18
  • Rooms
  • 8
  • Bedrooms
  • 1 ac
  • Property Lot Size

494 grove Street, Woonsocket, Residential Income

$ 599,999
494 grove Street,

Description

Discover this large income-generating four-family home perfectly situated near all local conveniences. The property features two well-appointed one-bedroom units on the first floor, and two expansive three-bedroom units with classic double parlors on the second and third floors—offering spacious living and strong rental appeal. Three of the four units have been thoughtfully updated, and each includes its own in-unit laundry for tenant convenience. Recent improvements include a new roof and newer heating systems, ensuring peace of mind for years to come. Additional income potential awaits with a detached two-car garage that can be rented separately. Plus, there may be opportunities to expand into the attic for even more value. With excellent tenants already in place and room to increase rents, this is the perfect opportunity to grow your portfolio with a true cash-flowing asset. Don’t miss your chance to own this impressive money maker—schedule your private showing today! Being sold as-is.

Property Id : 580926
Price: $ 599,999
Property Lot Size: 1 ac
Rooms: 18
Bedrooms: 8
Bathrooms: 4
Basement: Full,Interior and Exterior,Unfinished
Bathrooms Full: 4
Bathrooms Half: 0
Building Area Total (sqft): 4434
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Interstate,Restaurants,Schools,Shopping
Construction Materials: Paneled,Plaster,Vinyl Siding
Cooling: None
Parking Total: 10
Electric: 100 Amp Service,Circuit Breakers
Fireplace Features: None
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood,Laminate,Carpet
Foundation Details: Concrete Perimeter
Garage Spaces: 2
Heating: Natural Gas,Baseboard,Other
Laundry Features: In Unit
MLS Listing #: 1388292
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size SQFT: 41340
MLS Status: Active
Number Of Units Total: 4
Parking Features: Detached
Sewer: Connected
State: RI
Stories: 3
Street Name: grove
Street Number: 494
StreetNumberNumeric: 494
Street Suffix: Street
Structure Type: Apartment
Annual Taxes: 7351.42
Water Source: Connected
Year Built: 1900
Address: 494 grove Street
State/County:
Zip: 02895
Country: US
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Other Features
Electric Water Heater
Has Garage
Has Heating System
Oven/Range
Plumbing (Mixed)
Porch
Property Attached
Refrigerator
Wall (Paneled)
Wall (Plaster)
$ 3,551.14
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,801.15
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DISCLAIMER TEXT: 494 grove Street | 580926 : 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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