130 E School Street, Woonsocket, RI 02895
sale
$620,000
|
Other
Courtesy Of Keller Williams Realty Leading Edge
Investment opportunity with significant upside in this six-unit apartment building in Woonsocket. The property currently includes three occupied units generating rental income and three vacant units ready for renovation, offering immediate cash flow with the opportunity to increase future returns. Renovation work has already begun in portions of the building, including three newer heating systems, with two remaining to be connected. The property requires additional improvements and is well suited for investors looking to add value over time. Ample off-street parking, a full basement with storage and mechanical space, and a convenient location near downtown, Route 146, shopping, restaurants, and Massachusetts add to the property's long-term appeal. Whether you're expanding an existing portfolio or taking on your next redevelopment project, this property offers the opportunity to build equity through thoughtful improvements while benefiting from income already in place. Buyer is responsible to do their own due diligence to verify all information on this listing. Property has code violations through City of Woonsocket. Multi-family listing ID:1416507
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 6
- Floors: 3
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 1416439
- Parking Spaces: 12
- Rooms: Basement
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