450 Summer Street, Woonsocket, Residential Income

$ 1,800,000
450 Summer Street, ,
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Overview

  • Updated On:
  • November 22, 2024
  • 7 Bedrooms
  • 4 Bathrooms

Description

Introducing a rare opportunity to own a one-of-a-kind total of 10 units. One building is an 8-unit apartment house, nestled in one of the most desirable neighborhoods in the city. This exceptional property features meticulously maintained units, all in good condition, ensuring a comfortable living experience for tenants. Every unit boasts its own charm and character, providing a welcoming atmosphere for residents. The property includes a lovely yard, perfect for relaxation and ample parking space for both tenants and guests. A convenient coin-operated laundry facility on-site adds further appeal, making daily chores hassle-free. In addition to the 8-unit apartment house, this remarkable property encompasses a beautiful duplex, featuring two spacious Three -bedroom apartments. Ideal for larger families. The duplex provides an excellent living space while complementing the rental income from the apartment units. Rents are currently lower due to the presence of reliable, long-term tenants, reflecting the stability and community spirit of the neighborhood. This unique investment opportunity not only promises steady income but also the potential for future growth as new tenants come in. Don’t miss the chance to acquire this well-maintained apartment complex in a prime location, where charm meets functionality, and community living shines. Whether you’re an experienced investor or a first-time buyer, this property is a must-see!

Address: 450 Summer Street
Area:
State/County:
Zip: 02895
Country: US
Open In Google Maps
Property Id : 532997
Price: $ 1,800,000
Property Lot Size: 0 ft2
Rooms: 16
Bedrooms: 7
Bathrooms: 4
Basement: Partial,Walkout,Unfinished
Bathrooms Half: 0
Bathrooms Total Decimal: 4
Bridge Modification Timestamp: 2024-11-22T17:06:05.746Z
Building Area Total: 8367
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Interstate,Private School,Public School,Restaurants,Schools,Shopping
Construction Materials: Plaster
Contract Status Change Date: 2024-11-22
Cooling: None
Covered Spaces: 0
Electric: Circuit Breakers
Fireplace Features: Brick
Fireplaces Total: 2
Flooring: Ceramic Tile,Hardwood,Laminate,Carpet
Foundation Details: Concrete Perimeter,Mixed
Garage Spaces: 0
Heating: Natural Gas,Baseboard
Laundry Features: In Building
List Agent Direct Phone: 401-356-1519
List Agent Email: sweethouse4sale@aol.com
List Agent Full Name: The Stearns McGee Team
Listing Contract Date: 2024-11-22
Listing Id: 1373505
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Corner Lot,Paved,Sidewalks
Lot Size Area: 19602
Lot Size Square Feet: 19602
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-11-22T17:01:07.120Z
Number Of Buildings: 2
Number of Units Total: 4
Original Entry Timestamp: 2024-11-22T16:22:55.890Z
Original List Price: 1800000
Parking Features: No Garage
Parking Total: 12
Patio and Porch Features: Deck,Porch
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-11-22T16:22:55.890Z
Stories: 3
Street Additional Info: 464
Street Name: Summer
Street Number: 450
Street Suffix: Street
Structure Type: Apartment
Tax Annual Amount: 20975
Tax Year: 2024
Water Source: Connected
Year Built: 1900
Outdoor Details
balcony
Other Features
Deck
Has Fireplace
Has Heating System
Insulation: Unknown
Oven/Range
Plumbing: Mixed
Porch
Property Attached
Refrigerator
Walls: Plaster
$ 6,978.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,978.96

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Alyse Antone Smyth, Esq.