Property profile

314 4Th Ave Woonsocket, RI 02895

OFF-MARKET
Commercial real estate
Property ID
US76-0029320
4,092 SF 0.18 ac lot Built 1937
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Property summary

AI-generated overview

This exceptional investment opportunity presents a ten-unit multifamily portfolio in the thriving city of Woonsocket, Rhode Island. The offering encompasses two adjacent properties, 314 and 324 Fourth Avenue, totaling ten units. This package deal provides immediate cash flow with a fully occupied building boasting competitive rental rates. The 4,092 square foot building at 314 Fourth Avenue sits on a 0.18-acre lot and is part of a larger, ten-unit portfolio. Recent updates have been implemented, enhancing the value and appeal of the property. The strong rental income generated by the fully occupied units makes this an attractive investment for both seasoned and emerging real estate investors seeking a stable and profitable venture. The strategic location in Woonsocket offers easy access to local amenities, transportation routes, and a growing community. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property with significant potential for future appreciation. Financial details are available upon request, allowing potential buyers to thoroughly assess the investment's profitability and long-term prospects. Don't miss this chance to expand your real estate portfolio with a turnkey, high-yield investment. Contact us today to schedule a showing and explore this exciting opportunity further.

Property profile

Verified
Property type Commercial real estate
Year built 1937
Total area 4,092 SF
Lot 0.18 ac (7,841 SF)
UPID US76-0029320

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

314 4Th Ave Woonsocket, RI 02895
Woonsocket metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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