See Home Value
$580,000
● Multifamily - Off Market

45 Read Ave

Woonsocket, RI 02895
bedrooms
10 Beds
bathrooms
4 Baths
square feet
4,126 Ft²
$3,365
Est. Monthly
4.96%
Cap Rate

About This Property

Charming 4-unit property presents an exceptional opportunity for savvy investors or those in pursuit of a multifamily residence in a sought-after neighborhood. Meticulously maintained, this 4-unit gem promises a lucrative cash flow potential. The first-floor unit stands out with recent upgrades, a new kitchen with stainless steel appliances, new bathroom, new flooring, and paint. The first-floor unit is vacant. The home features two large units, each encompassing a generous living area, three comfortable bedrooms, and a full bath. The remaining two units offer decent-sized space, featuring two bedrooms and a full bath each. The property includes a full basement for additional storage, ample parking space for up to four cars. Newer roof. A sizable three-car garage is included, presenting an opportunity for additional income generation. The tenant responsibility for all utilities. Rents are market projected rents.
Unit Size
4,126 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$145
Property Type
Multifamily
Property Taxes
$423
HOA Dues
-
Year Built
1920

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Last updated: 3 years ago (MLSPIN #73187158)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Sold
Jan 3, 2024 In contract -
In contract
Dec 13, 2023 Listed by Keller Williams Elite $599,000
Listed by Keller Williams Elite
Jan 19, 2016 Sold
Sold
Nov 17, 2014 Sold
Sold

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, Paved
Garage Spaces: 3
Interior Details
Full Bathrooms: 4
Flooring Type: Tile, Vinyl, Hardwood
Rooms: 20
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 4 Family - 4 Units Up/Down
Stories (Total): 9
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: R4
Parcel Number: M:37F L:145 U:16, 489014
Water Source: Public
Financial Details
Tax Assessed Value: $363,100
Tax Annual Amount: $5,076
Utilities Details
Utilities: for Gas Range
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231213
12/13/2023
10 Bed
4 Bath
4126 ft²
$599,000
bedrooms
10 Bed
bathrooms
4 Bath
square feet
4126 ft²
$580,000 -3.17%
03/08/2024
Talib Hussain
Keller Williams Elite

Building Info

45 Read Avenue 45 Read Avenue, Woonsocket, RI 02895
More about this Building
45 Read Avenue
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