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47 Wood Avenue, Woonsocket, RI 02895
$900,000
47 Wood Avenue, Woonsocket, RI 02895View this property at 47 Wood Avenue, Woonsocket, RI 02895
47 Wood AvenueWoonsocketRI02895
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Property Description
WOW - CALLING ALL INVESTORS ON THIS ONE! Two houses on one lot. This turn key fully performing 8 unit property comprises a seven unit and a single family residence. This is the perfect income generating property that you do not want to miss! The main building features six 2 beds 1 bath units and one 1 bed 1 bath unit, with an average of 800 sqft per unit, while the rear building is a single family home featuring 3 beds and 1 bath with 978 square feet. On the outside, the property has been well maintained, in addition to the updated roof and driveways that offers ample room for all the tenants. Many new mechanicals throughout and updates done throughout the property. Investors looking for good long term equity and cash-flow, this is perfect for you.High cap rate of 9.29 % and tenants are responsible for their own utilities.
Full Property Details
Full Property Details for 47 Wood Ave
General
- Price: $900,000
- Taxes: $8,280 (2023)
- Status: Active
- Type: Apartment
- MLS ID: 1359797
- Updated: 5/22/2024
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 12
- Appliances: Water Heater
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 10
- Parking Features: No Garage
Location
- County: Providence
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 2
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Clapboard, Wood Siding
- Basement: Yes
- Basement Desc.: Full, Finished, Interior Entry
- Stories/Levels: 0
- Building Size: 6300
- Finished Total: 6,300 Sq. Ft.
- Finished Above Grnd: 6,300 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.1974
- Lot Size (Sq. Ft.): 8,599
- Lot Size: 8599
Financial Considerations
- Tax Amount: $8,280
- Tax Year: 2023
Disclosures and Reports
- Compensation Comments: 2% VNS.
- Property ID: 47WOODAVWOON
- Lot Number: 8
Listed by Century 21 The Seyboth Team
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Schools
Schools serving 47 Wood Ave
School District:Woonsocket Schools
Rating | Name | Grades | Distance |
---|---|---|---|
777 Cass Ave, Woonsocket, RI 02895 | 9-12 | 0.6 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 47 Wood Ave
Date
Details
Price
Change
Source
5/22/2024
Listed
$900,000
95.65%
MLS
3/01/2005
Sold
$460,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 47 Wood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,280
—
$592,300
—
2022
$8,280
11%
$592,300
88%
2021
$7,477
-1%
$314,800
—
2020
$7,555
—
$314,800
—
2018
$7,580
-10%
$314,800
13%
2017
$8,422
-5%
$279,800
—
2016
$8,909
-13%
$279,800
—
2015
$10,235
-3%
$279,800
-5%
2014
$10,592
4%
$294,700
—
2013
$10,185
—
$294,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 47 Wood Ave
47 Wood Avenue, Woonsocket, RI 02895 (MLS# 1359797) is a Apartment property with 8 bedrooms and 4 full bathrooms. 47 Wood Avenue is currently listed for $900,000 and was received on May 22, 2024. Want to learn more about 47 Wood 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.