57 N Main St Woonsocket, RI 02895
Property profile & analytics
57 N Main St, Woonsocket, RI 02895
- Investment properties
- 0.10 lot acres
Property ID
US76-0396872
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 57 N Main St
- Lot size
- 0.10 lot acres
- Zone code
- MU1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- WOON M:13C L:97 U:4
- APU
- WOONM13CL97U4
Description
This exceptional mixed-use property, located at 57 North Main Street in the heart of Woonsocket, Rhode Island, presents a unique investment opportunity. The 0.1-acre lot encompasses three separate buildings, offering diverse income streams and significant redevelopment potential. The first building is currently leased month-to-month as a barber shop. The second building features a commercial storefront ideal for a variety of uses, such as a coffee shop, restaurant, or bar, and includes three residential apartments (two one-bedroom units and one studio), all under month-to-month leases. The third building is a three-bedroom, one-and-a-half-bathroom single-family home, also rented on a month-to-month basis. The property offers convenient off-street parking for at least five vehicles, supplemented by free parking at an adjacent municipal lot. The property's prime location near the Stadium Theatre, restaurants, and breweries ensures high visibility and foot traffic. With a total of 3,750 square feet of space, this property is priced at $650,000 and offers a compelling blend of established rental income and exciting future development possibilities. The flexible lease terms provide immediate cash flow and the opportunity to increase rental income through lease renewals and renovations. This is an excellent chance to acquire a substantial mixed-use property in a thriving downtown area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $555,000
- ML approach
- $505,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.5128
- Latitude
- 42.0065
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$21,400
$228,600
$250,000
-
$0.00
$0.00
$0.00
