294 Woonasquatucket Ave North Providence, RI 02911

This exceptional investment opportunity presents a well-maintained multifamily property located at 294 Woonasquatucket Avenue, North Providence, Rhode Island, 02911. The property consists of two buildings situated on a sizable 10,000 square foot lot. The original structure, a two-unit building on Woonasquatucket Avenue, complements a newer six-unit building located on Oak Street. In total, the property offers eight residential units, a mix of six one-bedroom units and two two-bedroom units. Built in 1900, the buildings are three stories high and boast a strong rental history, demonstrating consistent income generation. The property's convenient location offers significant potential for increased rental income. Ample parking is available, a significant advantage for tenants. The asking price for this multifamily property is $1,200,000. This presents a rare chance to acquire a well-established, income-producing asset in a desirable Rhode Island location. The property's size and established rental income make it an attractive investment for both seasoned and aspiring real estate investors. Serious inquiries are encouraged.