Active

450 Summer Street

Woonsocket RI, 02895

$1,800,000


Active

Commercial

Built in 1900

Introducing a rare opportunity to own a one-of-a-kind total of 10 units. One building is an 8-unit apartment house, nestled in one of the most desirable neighborhoods in the city. This exceptional property features meticulously maintained units, all in good condition, ensuring a comfortable living experience for tenants. Every unit boasts its own charm and character, providing a welcoming atmosphere for residents. The property includes a lovely yard, perfect for relaxation and ample parking space for both tenants and guests. A convenient coin-operated laundry facility on-site adds further appeal, making daily chores hassle-free. In addition to the 8-unit apartment house, this remarkable property encompasses a beautiful duplex, featuring two spacious Three -bedroom apartments. Ideal for larger families. The duplex provides an excellent living space while complementing the rental income from the apartment units. Rents are currently lower due to the presence of reliable, long-term tenants, reflecting the stability and community spirit of the neighborhood. This unique investment opportunity not only promises steady income but also the potential for future growth as new tenants come in. Don't miss the chance to acquire this well-maintained apartment complex in a prime location, where charm meets functionality, and community living shines. Whether you're an experienced investor or a first-time buyer, this property is a must-see!

1373261

MLS ID

November 18, 2024

Listed

December 5, 2024

Updated

Map

450 Summer Street
Woonsocket RI, 02895

Interior Features

Total Stories

3


Laundry Description

Common Area, Laundry Room


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.45 Acres


Lot Features

Corner Lot


Sewer

Connected, Sanitary

Other Property Details

Taxes

$20,975


Tax Frequency

Annually


Days on Market

17


Garage

No


Parking Total

12


View

No


County

Providence


Water Source

Connected, Public


Pool

No

 

Courtesy of RE/MAX Properties

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Divine Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 1:41 PM UTC, 12/5/2024.

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