240 Elm Street

Woonsocket, RI 02895

$515,000
Price
9
Beds
3
Baths
4,662 Sq. Ft.
$110 / Sq. Ft.
4,662
Sq. Ft.
$110
per Sq. Ft.

Description

This amazing 3-unit property is located in the heart of the city and offers a unique investment opportunity! Sitting on 0.29 acres, this multi-family home features 9 bedrooms and 3 full baths to accommodate all your family needs. With two assigned parking spaces per unit plus an additional labeled visitor spot and plenty on street parking, you'll never have to worry about having enough room for guests or tenants. Each unit has a formal dining area and living room, providing plenty of space for entertaining...This amazing 3-unit property is located in the heart of the city and offers a unique investment opportunity! Sitting on 0.29 acres, this multi-family home features 9 bedrooms and 3 full baths to accommodate all your family needs. With two assigned parking spaces per unit plus an additional labeled visitor spot and plenty on street parking, you'll never have to worry about having enough room for guests or tenants. Each unit has a formal dining area and living room, providing plenty of space for entertaining friends and family. The units are currently rented out with a monthly gross rental income of $5,180 - what more could you ask for? Don't miss out on this amazing opportunity - come check it out today!
  1. Listed by JEP Realty Team • Real Broker Ma, LLC
  2. Listed by Joseph Pierre • Real Broker Ma, LLC

Property Details for 240 Elm Street

Town
Woonsocket
Area
RI-Woonsocket
Garage Spaces
0
Parking Spaces
7.00
Parking Spaces Total
7

Location

Listing Courtesy of Real Broker Ma, LLC
Add your commute
LISTING UPDATED: 05/06/2024 12:04 AM

Property Details for 240 Elm Street

StatusUnder Agreement
MLS #73088144
Days on Market13
Taxes$5,999 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1904
CountyProvidence County

Location

Listing Courtesy of Real Broker Ma, LLC
Add your commute

Building Information for 240 Elm Street

Stories6Residences3Year Built1904Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$3,310 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,811

Property Taxes

$500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 240 Elm Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 4662.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Pantry, Living Room, Dining Room, Kitchen
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Assigned, Guest, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Assigned, Guest, Paved Driveway
  • Parking Features: Off-Street, Assigned, Guest, Paved Driveway
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Heating: Steam, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Listing Terms: Contract
  • Tax ID: 268941
  • Assessments: $429,100
  • Book: 2685
  • Tax Year: 2022
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $39,960.00
  • NOI: $39,960.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,180.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 240 Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 240 Elm Street

Taxable ValueLand$92,400Additions$336,700Total$429,100
Tax Record2023$5,999 ($500 / month)
Home Facts
Baths3Total Finished SqFt4,662 SqFtAbove Grade Finished SqFt4,662 SqFtUnfinished Basement SqFt1,678 SqFtStories3Lot Size12,534 SqFtStyleTriplexYear Built1904ZoningR4CountyPROVIDENCEAPNWOON M:36H L:92 U:1

Schools near 240 Elm Street

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Governor Aram J. Pothier School
PublicPK to 2

Woonsocket Middle @ Villa Nova
Public6 to 8

Woonsocket High School
Public9 to 12

Woonsocket Middle at Hamlet
Public6 to 8

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker Ma, LLC

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.