324 4Th AveWoonsocket, RI 02895

Property Details for 324 4Th Ave

Year built

1937

Lot size

0.18 AC

Property size (Sq ft)

3,852 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Woonsocket

County

Providence

State

Rhode Island

Latitude

42.0026

Longitude

-71.5294

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