242 4th Avenue Woonsocket, RI 02895

Building Details

Year Built

1930

Listing agency Engel & Volkers k***@evrealestate.com Show Phone

Listed by The Dispirito Team

Source Crexi

Added: May 29, 2025 Updated: Jul 22 at 7:07AM Checked: Jul 22 at 7:07AM

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Investment Insights

Based on property information with market context.

This turnkey 5-unit apartment building features one oversized 4-bedroom, 2-bath unit and four 2-bedroom, 1-bath units. Each unit has separate tenant-paid gas and electric. The full fourth-floor space is currently vacant and includes four rooms plus common space. Exterior and common areas have been freshly painted.

The property offers off-street parking for all units, along with ample street parking. A coin-op laundry facility is also on-site.

Tenants are on month-to-month arrangements for all units except one, providing flexibility for future changes. The building’s rental setup includes current rents described as below market value in the offering materials.

Key Highlights

• Turnkey 5‑unit apartment building built in 1930
• Unit mix: one oversized 4BD/2BA and four 2BD/1BA units
• Each unit has separate tenant‑paid gas and electric

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FAQs

What type of property is this?

Apartment building - Turnkey 5-unit apartment building with off-street parking, coin-op laundry, and tenant-paid gas and electric.

Where is this apartment building located?

The property is located at 242 4th Avenue Woonsocket, RI.

What is the asking price?

The asking price for this property is $699,900.

What are key features of this property?

This property features: Turnkey 5‑unit apartment building built in 1930; Unit mix: one oversized 4BD/2BA and four 2BD/1BA units; Each unit has separate tenant‑paid gas and electric