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9-Unit Multifamily Income Property

24 Paradis Avenue Woonsocket Woonsocket, RI 02895

24 Paradis Avenue Woonsocket, Woonsocket, RI, 02895
$1,150,000
Pending
For Sale
$1,150,000
Pending

Nine well-maintained apartments with off-street parking and convenient highway access for tenants.

Property Size9,400 SF
Days on Market49

Property Features for 24 Paradis Avenue Woonsocket

General Information

Standard status
Pending
Size
9,400 SF

Building Details

Year Built
1900
Listing agency
Listed by Derek DaRosa
Source Milestonerealtyinc
Added: Jun 3 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 3:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Derek DaRosa


Investment Insights

Based on property information with market context.

This full-sized 9-unit multifamily property offers a mix of apartment layouts across two buildings. The main front building includes three 2-bedroom, 1-bath units facing the front parking area. To the side, a combined building provides one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. The property is described as well maintained and recently renovated, and includes a tenant parking area sized for up to nine cars.

Off-street parking supports convenient day-to-day access, with additional side street parking available for guests. The property is also noted to be in close proximity to major highways, providing straightforward connectivity for residents and visitors.

For investors or owner-operators, this configuration of nine separate apartment units can support a residential income strategy with a clear unit mix ranging from 1-bedroom through 4-bedroom homes. The parking setup is designed to serve tenant vehicles on-site, while the surrounding street parking helps accommodate additional guests. For a buyer considering a residential income portfolio, the property’s recently renovated presentation and unit mix are key practical attributes to review during due diligence.

Key Highlights

  • 9‑unit multifamily property, built in 1900, offered with recently renovated updates.
  • Front building has three 2‑bed, 1‑bath units and includes 2,300+ SF facing the parking area.
  • Side building unit mix: one 4‑bed, one 2‑bed, one 1‑bed, and three 3‑bed units (all 1 bath each).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Parking Lot & Garage Accounting Firm Acupuncture Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Nine well-maintained apartments with off-street parking and convenient highway access for tenants.
Where is this apartment building located?
The property is located at 24 Paradis Avenue Woonsocket Woonsocket, RI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 9‑unit multifamily property, built in 1900, offered with recently renovated updates.; Front building has three 2‑bed, 1‑bath units and includes 2,300+ SF facing the parking area.; Side building unit mix: one 4‑bed, one 2‑bed, one 1‑bed, and three 3‑bed units (all 1 bath each).
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