558 East School Street, Woonsocket, RI 02895

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List Price
$565,000
MLS#
1423203
Status
ACTIVE
Type
Commercial
City
Woonsocket
County
Providence
Year Built
1900

Property Description

Excellent investment opportunity! This 5-unit brick apartment building offers a great addition to any investment portfolio. The property consists of one 2-bedroom unit and four 1-bedroom units, with each apartment including a range and refrigerator. Additional features include a roof approximately 5 years old, vinyl replacement windows, natural gas heat and hot water, separately metered gas and electric, coin-operated washer and dryer, and a fully fire-coded building. The owner currently pays all utilities, presenting an opportunity for future expense management and potential increased cash flow. The durable brick exterior offers the benefit of lower-maintenance ownership. Conveniently located near shopping, restaurants, public transportation, and everyday amenities. With a strong rental history and income-producing potential, this property is an excellent opportunity for both seasoned and first-time investors.

Additional Information

Cooling
None
Sewer
Connected, Sanitary
Taxes
$7,016
Community Features
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Street Lights, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Town & Country. Contact: Info@BlanchetGroup.com

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