294 Woonasquatucket AveNorth Providence, RI 02911

Property Details for 294 Woonasquatucket Ave

Year built

1900

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a well-maintained multifamily property located at 294 Woonasquatucket Avenue, North Providence, Rhode Island, 02911. The property consists of two buildings situated on a sizable 10,000 square foot lot. The original structure, a two-unit building on Woonasquatucket Avenue, complements a newer six-unit building located on Oak Street. In total, the property offers eight residential units, a mix of six one-bedroom units and two two-bedroom units. Built in 1900, the buildings are three stories high and boast a strong rental history, demonstrating consistent income generation. The property's convenient location offers significant potential for increased rental income. Ample parking is available, a significant advantage for tenants. The asking price for this multifamily property is $1,200,000. This presents a rare chance to acquire a well-established, income-producing asset in a desirable Rhode Island location. The property's size and established rental income make it an attractive investment for both seasoned and aspiring real estate investors. Serious inquiries are encouraged.

Location Insight

City

North Providence

County

Providence

State

Rhode Island

Latitude

41.8435

Longitude

-71.4774

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