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67 Burnside Ave Woonsocket, RI 02895

Sponsored
For Sale
$719,900

High-yield multifamily property, fully renovated units.

Property size:
4,706 SF

Description

Added:
Feb 3, 2025
Days on Market:
340
This exceptional 5-family investment property, located at 67 Burnside Avenue in Woonsocket, Rhode Island, presents a compelling opportunity for discerning investors. The property boasts a substantial 4,706 square feet of living space situated on a 0.15-acre lot. Four of the five units are currently occupied, generating immediate rental income. The building is fully compliant with fire codes and has undergone significant renovations, including a completely updated first-floor unit featuring new paint, vinyl plank wood flooring, a modern kitchen with white cabinets, granite countertops, stainless steel appliances, and a Navien on-demand heating system. Vinyl siding has also been recently installed. The unit breakdown includes one large three-bedroom unit on the first floor and four one-bedroom units on the second and third floors. Additional bonus rooms are available in the walk-up attic, providing extra space and potential rental income. The property also includes an oversized detached garage, currently rented for $200 per month, offering additional revenue. Ample off-street parking and substantial basement storage are also key features. The property's convenient location near the highway, various amenities, and the Massachusetts state line enhances its appeal and accessibility. The total number of bedrooms across all units is seven, and there are five bathrooms in total. This property is lead-certified, providing peace of mind for both owners and tenants. This is a turnkey investment ready to generate strong returns.

Property Features for 67 Burnside Ave

General Information

Property type
Other commercial real estate
Square Feet
4,706 SF
Lot Size
6,534 SF

Building Details

Year Built
1910

Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Woonsocket
County
Providence
State
Rhode Island
Longitude
-71.49881
Latitude
42.00841

FAQs

What type of property is this?
Commercial real estate - High-yield multifamily property, fully renovated units.
Where is this commercial real estate located?
The property is located at 67 Burnside Ave Woonsocket, RI.
What is the asking price?
The asking price for this property is $719,900.
More about this property
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