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    67 North Main Street

    Woonsocket, RI 02895
    • $399,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 1274261
    UPDATED: 27 min ago
    $399,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic rare true value-add opportunity in an ideal location next to downtown, the stadium theatre, breweries and loads of other downtown amenities. Total of 9 units (6 residential, 3 commercial) spread across 4 buildings on one lot. Property gross rents after renovations estimated at $100,800 per year (see attached profit and loss). 69 N Main has one storefront (vacant) most recently leased as cell phone retailer, cleaned and ready for renovation. 69 also has 2 residential units currently occupied. 53 N Main is 4 total units (1 commercial and 3 residential). The 1st floor commercial space is a former restaurant/bar currently rented for kitchen use only (no inside dining). 2 of the 3 residential units in this building are currently occupied. Vacant unit in this building is a townhouse style 2 bed with the 2 beds on third floor, living space on 2nd floor. This unit is mostly prepped (gutted), ready for rehab. Finally a standalone cottage residential unit in rear of lot is a 3 bed, 1 bath which is gutted and ready for complete rehab. This property boasts off-street parking for at least 5 cars plus free parking access at the adjacent municipal lot which abutts this property. Landlord pays heat and electric for all units except the barber shop. Newer roofs on all 4 buildings. This is a 6-figure estimated rehab so serious buyers only. Seller financing is NOT available. Money from HUD rehab grant programs (attached to listing) may help.

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Century21 Platinum are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Century21 Platinum. 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. Data last updated: 2021-02-24T14:37:46.003.
    www.platinumc21.com/homes/113656151
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    67 North Main Street Woonsocket, RI 02895

    • Price: $399,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 1274261
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    1900
    Built
    County:
    Providence
    Area:
    Woonsocket
    Property Description
    Fantastic rare true value-add opportunity in an ideal location next to downtown, the stadium theatre, breweries and loads of other downtown amenities. Total of 9 units (6 residential, 3 commercial) spread across 4 buildings on one lot. Property gross rents after renovations estimated at $100,800 per year (see attached profit and loss). 69 N Main has one storefront (vacant) most recently leased as cell phone retailer, cleaned and ready for renovation. 69 also has 2 residential units currently occupied. 53 N Main is 4 total units (1 commercial and 3 residential). The 1st floor commercial space is a former restaurant/bar currently rented for kitchen use only (no inside dining). 2 of the 3 residential units in this building are currently occupied. Vacant unit in this building is a townhouse style 2 bed with the 2 beds on third floor, living space on 2nd floor. This unit is mostly prepped (gutted), ready for rehab. Finally a standalone cottage residential unit in rear of lot is a 3 bed, 1 bath which is gutted and ready for complete rehab. This property boasts off-street parking for at least 5 cars plus free parking access at the adjacent municipal lot which abutts this property. Landlord pays heat and electric for all units except the barber shop. Newer roofs on all 4 buildings. This is a 6-figure estimated rehab so serious buyers only. Seller financing is NOT available. Money from HUD rehab grant programs (attached to listing) may help.
    Exterior Features

    Architectural Style Other Construction Materials DrywallPlasterWood SidingOtherShingle SidingVinyl Siding Covered Spaces 0 Garage YN No Parking Features None Parking Total 9

    Interior Features

    Appliances Gas Water HeaterOil Water Heater Basement FullInterior EntryUnfinished Basement YN Yes Cooling None Fireplace YN Yes Fireplaces Total 3 Flooring Hardwood Heating BaseboardOilOther Interior Features Tub Shower

    Property Features

    Association Fee 0 Association Fee Frequency Annually Electric 100 Amp ServiceCircuit Breakers Land Lease YN No Laundry Features Common AreaIn Unit Operating Expense 50300 Owner Pays Hot Water Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 9326 Tax Assessed Value 300000 Tax Lot 01 Tax Year 2020 Utilities Sewer Connected Water Source Connected

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Keller Williams Realty Nri.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Century21 Platinum are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Century21 Platinum. 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. Data last updated: 2021-02-24T14:37:46.003.
     
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