3 Highland StWoonsocket, RI 02895

This exceptional investment opportunity presents a well-maintained, nine-unit multifamily property situated on a 0.69-acre lot at 3 Highland Street in Woonsocket, Rhode Island. The property comprises two separate buildings, offering a diverse range of unit layouts with varying bedroom and bathroom configurations to attract a wide pool of tenants. Currently, eight of the nine units are occupied, generating a substantial monthly gross rent of $12,500. The property's strong occupancy rate speaks to its desirability and potential for continued growth. Ample parking is a key feature, with six garage spaces and an additional fifteen off-street parking spots available, providing convenient parking for residents. Its prime Woonsocket location offers easy access to local amenities, enhancing its appeal to tenants. The property's combination of strong rental income, convenient parking, and desirable location makes it an attractive investment for those seeking a stable and potentially appreciating asset. The asking price is $1,150,000. This multifamily property presents a compelling opportunity for investors seeking a profitable and well-situated addition to their portfolio.