For Sale
$650,000

324 4Th AveWoonsocket, RI 02895

Ten-unit portfolio, fully occupied, strong returns.

Overview

Added:
Feb 3
Days on market:
65
This exceptional investment opportunity presents a ten-unit multifamily portfolio in the thriving city of Woonsocket, Rhode Island. The offering encompasses two adjacent properties, 324 Fourth Avenue and 314 Fourth Avenue (sold together), totaling ten units. Located on a combined 0.18-acre lot, this portfolio boasts a substantial 3,852 square feet of rentable space within the building at 324 Fourth Avenue. Currently, all units are fully occupied, generating consistent rental income. Recent updates have been implemented throughout the property, ensuring its continued appeal to tenants and maximizing its long-term value. The competitive rental rates reflect the strong demand for rental housing in the area, promising a stable and profitable investment. This is a rare chance to acquire a well-maintained, income-producing multifamily portfolio in a desirable location. The properties are being sold as a package, offering a significant opportunity for immediate cash flow and future appreciation. This is an ideal acquisition for investors seeking a turnkey investment with proven performance and significant upside potential. The combined properties offer a compelling opportunity to build a substantial portfolio or add to an existing one. Financial details are available upon request. Serious inquiries only.

Property Details for 324 4Th Ave

Property type
Square Feet
3,852 SF
Year Built
1937
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Woonsocket
County
Providence
State
Rhode Island
Latitude
42.00258
Longitude
-71.52937
324 4Th Ave, Woonsocket, Rhode Island

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324 4Th Ave
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