65 Bellingham Street, Woonsocket, RI 02895
sale
$675,000
|
Apartment
Courtesy Of Rise Rec
Exceptional multi-family investment opportunity at 65 Bellingham Street in Woonsocket - a well-positioned 5-unit portfolio spread across two buildings offering immediate income and significant upside potential. The property features three 3-bedroom/1-bath units, and two 1-bedroom/1-bath units, providing a diverse tenant mix ideal for long-term stability. Ideally situated with easy access to Routes 99, 122, and 146, residents enjoy seamless connectivity to Providence, the MA border, and all points throughout the greater region. Commuters and tenants alike will appreciate the unbeatable convenience to shopping, dining, and public transportation. The property boasts a large, shared backyard - a rare find - perfect for outdoor enjoyment and adding tangible lifestyle value for tenants. Each unit also comes with its own dedicated garage (5 total), a premium amenity that sets this property apart and supports strong tenant retention. Current rents are well below market value, presenting a compelling value-add opportunity for savvy investors looking to increase NOI through natural turnover or lease renewals. Don't miss this chance to acquire a solid, income-producing asset in a prime location with room to grow.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 5
- Heating System: Baseboard
- Heating System: Space Heater
- MLSID: 1415459
- Parking Spaces: 5
- Rooms: Basement
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