72 Kendrick Avenue, Woonsocket, RI 02895
sale
$5,000,000
|
Commercial-Other
Listed By CENTURY 21 Limitless
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.
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Property Features
- Age: 1-5 Years Old
- Cross Docks: N
- Exterior Description: Brick
- For Auction: N
- Lot Size In Text: 36154 Sq. Ft.
- MLSID: 1405159
- Parking Places: 40
- Price Per Area: 0.00
- Price Upon Request: N
- Sewer: City
- Style: Other Style
- Sublease: N
- Tax Year: 2025
- Taxes: $21000.00
- Year Built: 1900
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