Description
Solid 2-family in Woonsocket with 720 sq ft per unit. 3 YR OLD ROOF. Each unit is a 1-bed/1-bath with easy potential to convert to 2-bedrooms. Estimated market rents post-renovation: $1,300–$1,500/month per unit. 2024 taxes: $3,472. Property needs updates but offers strong upside for the right investor. Projected cap rate: 8–9%+. Zoned R-3. Walk-out basement presents easy ADU conversion.
Ideal for buy-and-hold investors or house hackers looking to build long-term value. Photos of first-floor unit not shown, but it is in similar condition to the unit displayed. Buyer to perform due diligence.
Property Id: 691716
Price: $ 410,000
Property Lot Size: 0 ac
Rooms: 6
Bedrooms: 2
Bathrooms: 2
Basement: Full, Walkout, Unfinished
Bathrooms Full: 2
Building Area Total (sqft): 2160
Community Features: Bus, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Railroad, Schools
Construction Materials: Dry Wall, Wood Wall(s), Shingles, Wood
Cooling: None
Parking Total: 4
Electric: Circuit Breakers
Flooring: Laminate
Foundation Details: Unknown
Heating: Natural Gas, Baseboard, Gas Connected
Laundry Features: In Building
MLS Listing #: 1391301
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Corner Lot
Lot Size SQFT: 10018
MLS Status: Active
Number Of Units Total: 2
Parking Features: No Garage
Sewer: Connected, Public Sewer
State: RI
Stories: 2
Street Name: Tenth
Street Number: 363
StreetNumberNumeric: 363
Street Suffix: Avenue
Structure Type: Up/Down
Annual Taxes: 3472
Water Source: Connected, Municipal
Year Built: 1920
Zoning: R3
Other Features
Dryer
Gas Water Heater
Has Heating System
Insulation (Unknown)
Property Attached
Refrigerator
Wall (Dry Wall)
Wall (Wood)
Washer
$ 2,426.62
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,914.12
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