For Sale
$349,900

42 Transit StWoonsocket, RI 02895

Woonsocket, RI: 3-Unit Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Woonsocket, Rhode Island property at 42 Transit Street presents a compelling investment opportunity. Situated on a 4,792 square foot lot, this mixed-use property comprises three buildings constructed in 1920. The property includes three units, each featuring one bedroom and one bathroom. Two of these units are currently occupied, providing immediate rental income. A significant advantage is the inclusion of a detached three-car garage, with two bays currently leased, generating additional rental revenue streams. The separate entrances to each residential unit ensure tenant privacy and independence. The property's location in Woonsocket, Providence County, Rhode Island (zip code 02895) offers convenient access to local amenities and services. This versatile property is ideal for investors seeking a stable income stream or owner-occupiers looking to supplement their income with rental revenue. The asking price for this unique opportunity is $349,900. This is a rare chance to acquire a well-maintained, income-producing property in a desirable location. The property's strong rental history and diverse income streams make it an attractive investment prospect. Don't miss this chance to secure a valuable asset in a thriving Rhode Island market.

Highlights

  • Mixed-use property in Woonsocket, RI, on a 4,792 sq ft lot.
  • Three 1-bedroom/1-bathroom units, two currently occupied.
  • Detached three-car garage, two bays leased.
  • Asking price: $349,900.
  • Located in Woonsocket, RI (02895).

Property Details for 42 Transit St

Property type
Land
Year Built
1920
Buildings
3
Units
3

Location Insight

City
Woonsocket
County
Providence
State
Rhode Island
Latitude
41.9948656
Longitude
-71.5172127
42 Transit St, Woonsocket, Rhode Island

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42 Transit St
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