3 Highland St Woonsocket, RI 02895

This exceptional investment opportunity presents two buildings situated on a substantial 30,056 square foot lot in Woonsocket, Rhode Island. Constructed in 1910, the property currently operates as a nine-unit multifamily complex, although the listing specifies it as "Special Purpose, Land". Two units are currently vacant, while the remaining seven are occupied, generating a gross monthly rental income of $12,500 when fully leased. The property offers a diverse range of unit layouts with varying bedroom and bathroom configurations to cater to a broad tenant base. Ample parking is available, including six garage spaces and an additional fifteen off-street parking spots. The property's location within Woonsocket provides convenient access to local amenities, enhancing its appeal to tenants. This property is ideally suited for investors seeking a stable income stream with potential for future growth through increased occupancy and rental rates. The asking price for this unique property is $1,150,000. The property's zoning and potential for future development should be independently verified.