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201 4th Avenue, Woonsocket, RI 02895
$550,000
201 4th Avenue, Woonsocket, RI 02895View this property at 201 4th Avenue, Woonsocket, RI 02895
201 4th AvenueWoonsocketRI02895
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Property Description
This strong income producer is ideal for an investor or owner occupant looking to have solid investment. The property can use some sprucing on the interior but has good bones. Might require 203K or Renovation Loan for an FHA or VA Buyer. Roof was installed approximately 9 years ago and Exterior paint was done about the same time. First floor is vinyl sided. There is a three bay garage in the back currently occupied by the Seller that he's willing to pay to rent going forward, which will make your income all the stronger. Tenants pay by the week with all utilities included which is why the rent is so strong. The rental income would indicate a much higher list price, however we need to balance what the market pricing and the current property condition for appraisal purposes. Offers up to about 10% over list price should still be likely to appraise. This property is a win for anyone who doesn't mind doing their own improvements or is comfortable adding value over time. CURRENT lead certificates are available for each unit and the third floor has new windows. Check out the 360 Tour and schedule your viewing today!
Full Property Details
Full Property Details for 201 4th Ave
General
- Sold For: $550,000
- Taxes: $10,479 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: 1350928
- Added to Site: 130 day(s) ago
Interior
- Number of Rooms: 21
- Interior Features: Attic, Permanent Attic Stairs, Tub Shower
- Fireplace(s): None
- Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
- Flooring: Hardwood, Laminate, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Porch, Paved Driveway
- Porch/Patio/Deck: Porch
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 8
- Parking Features: Detached, Garage
Location
- County: Providence
- Subdivision: Fairmount
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric, Gas, Steam, Space Heater
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Shingle Siding, Vinyl Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 4
- Building Size: 8768
- Finished Total: 8,768 Sq. Ft.
- Finished Above Grnd: 8,768 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size: 6098
Financial Considerations
- Tax Amount: $10,479.76
- Tax Year: 2023
- Owner Pays: Hot Water
Disclosures and Reports
- Compensation Comments: Sale Net of Closing Cost Concessions and Repair Credits
- Inclusions: Slight water in basement after major rain event this week visible in basement photos
- Property ID: 2011994THAVWOON
- Block: E
- Lot Number: 246
Listed by Peace of Mind Prop. Mgmt & R.E
Sold by Peace of Mind Prop. Mgmt & R.E
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Schools
Schools serving 201 4th Ave
School District:Woonsocket Schools
Rating | Name | Grades | Distance |
---|---|---|---|
777 Cass Ave, Woonsocket, RI 02895 | 9-12 | 2.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 4th Ave
Date
Details
Price
Change
Source
2/29/2024
Sold
$550,000
4.76%
MLS
1/12/2024
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
201 4th Avenue, Woonsocket, RI 02895 (MLS# 1350928) is a Apartment property that was sold at $550,000 on February 29, 2024. Want to learn more about 201 4th Avenue? Do you have questions about finding other Apartment real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.