Last Sold Price
12 beds3,978 sqft$156/sqft
14 Fairmount StWoonsocket, RI02895

Description

"woonsocket's crown jewel: condition meets cash flow"-legal six unit. Complete renovation of all six units. Exceptional tile and finish work. 100% occupancy. Professionally managed. 5 year young roof. 7 car off street parking with detached 2 car garage. 6 gas forced air heating systems. New gas appliances. 6 newer 40 gal water tanks. 200 amp electrical service. Copy of leases? Yes! Lead certificate? Yes! Is this 6 unit fire alarm system to code? Yes! Security deposits? Yes! Great income? Yes! P+l..."woonsocket's crown jewel: condition meets cash flow"-legal six unit. Complete renovation of all six units. Exceptional tile and finish work. 100% occupancy. Professionally managed. 5 year young roof. 7 car off street parking with detached 2 car garage. 6 gas forced air heating systems. New gas appliances. 6 newer 40 gal water tanks. 200 amp electrical service. Copy of leases? Yes! Lead certificate? Yes! Is this 6 unit fire alarm system to code? Yes! Security deposits? Yes! Great income? Yes! P+l available upon request? Yes! 2 mins to market square, main street, stadium theatre and the massachusetts state line. Month to month rents are below market, can be higher!
LISTING CLOSED: 08/27/2021 12:00 AM

  1. Listed by Don Martone • Century 21 North East

Property Details for 14 Fairmount Street

Status
MLS #
72801470
Days on Market
89
Taxes
$6,304 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 5-9 Family
Year Built
1930
Town
Woonsocket
Area
RI-Woonsocket
Garage Spaces
2
Open Parking Spaces
7.00
Parking Spaces Total
7

Location

Listing Courtesy of Century 21 North East

Sold By Century 21 The Seyboth Team

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Building Information for 14 Fairmount Street

Stories3Residences6Year Built1930Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$3,677 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,151

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 14 Fairmount Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Other (See Remarks), Sidewalks
  • Current Financing: Cash
  • Living Area: 3978.0
  • Color: tan vinyl
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Other, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Tile Floor
  • Interior Features: Bathroom With Tub & Shower, Other (See Remarks)
  • Interior Features: Other (See Remarks)
  • Laundry Features: Washer Hookup, Dryer Hookup, Washer & Dryer Hookup
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Wood
  • Lot Description: Corner Lot, Sloped
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Shingle, Asphalt/Composition Shingles
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
Tax Information
  • Listing Terms: Other (See Remarks)
  • Tax ID: 565844
  • Assessments: $175,400
  • Book: 0
  • Lot: 017
  • Map: 132
  • Tax Year: 2020
  • Zoning: MU1
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Frontage: 49.00
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $360.00
  • Annual Expenses Source: Owner, Projected, Pro. Forma Available
  • GOI: $74,940.00
  • Gross Scheduled Income: $.00
  • Insurance: $1,545.00
  • GRE: $22,183
  • HTE: $0
  • MGF: $3,687
  • MSE: $6,304
  • RFS: $1,200
  • RME: $1,200
  • NOI: $52,757.00
  • Operating Expense: $22,183.00
  • WSE: $4,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,995.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%NS
  • Other Agent Compensation: 0

Property History for 14 Fairmount Street

DateEvent & SourcePriceAppreciation
Aug 27, 2021

Sold (Public Record)

Public Record #1470636373

$620,000

+44.4% / yr

Aug 27, 2021

Sold

MLS PIN #72801470

$620,000
Jun 17, 2021

Contract Signed

MLS PIN #72801470

DateEvent & SourcePrice
08/27/2021

Sold (Public Record)

Public Record #1470636373

$620,000

+44.4% / yr

08/27/2021

Sold

MLS PIN #72801470

$620,000
06/17/2021

Contract Signed

MLS PIN #72801470

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 14 Fairmount Street

Taxable ValueLand$89,500Additions$674,900Total$764,400
Tax Record2025$8,584 ($715 / month)
Home Facts
Baths6Total Finished SqFt3,978 SqFtAbove Grade Finished SqFt3,978 SqFtUnfinished Basement SqFt1,326 SqFtStories3Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated1930ZoningMU1CountyPROVIDENCEAPNWOON M:8D L:132 U:17

Schools near 14 Fairmount Street

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Kevin K. Coleman School
PublicK to 5

Woonsocket Middle @ Villa Nova
Public6 to 8

Woonsocket High School
Public9 to 12

Harris School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 North East

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.