398 Park Ave

3,726 Sq. Ft.
$164 / Sq. Ft.
3,726
Sq. Ft.
$164
per Sq. Ft.

Description

Attention investors and homeowners seeking to generate income while building equity! 398 Park Avenue is a prime 3-family on a corner lot with strong income potential. This well-maintained property features two spacious 4-bedroom units and one spacious 3-bedroom unit, all with separate utilities and updated electric and plumbing. The large living areas and ample off-street parking add to its appeal. Conveniently located near local amenities, schools, and major highways, this is a true cash cow with...Attention investors and homeowners seeking to generate income while building equity! 398 Park Avenue is a prime 3-family on a corner lot with strong income potential. This well-maintained property features two spacious 4-bedroom units and one spacious 3-bedroom unit, all with separate utilities and updated electric and plumbing. The large living areas and ample off-street parking add to its appeal. Conveniently located near local amenities, schools, and major highways, this is a true cash cow with strong rental potential don't miss out on this income-producing opportunity!
  1. Listed by Paul ZARRELLA • Brokerage DRE #REB.0015470 • Williams & Stuart Real Estate
    P: (401)-942-0200 paul@williamsandstuart.com

Amenities

  • Baseboard Heating
  • Basement
  • Corner Lot
  • Dishwasher
  • Electric Oven
  • Full Basement
  • Gas Heat
  • Hardwood Floors
LISTING UPDATED: 12/27/2024 01:15 PM

Property Details for 398 Park Avenue

StatusClosed
MLS #1365740
Days on Market11
Taxes$4,950 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.11 AC / 4,792 SF
CountyProvidence County

Location

Listing Courtesy of Williams & Stuart Real Estate

Sold By Century 21 Limitless PRG

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Building Information for 398 Park Avenue

Stories3Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$3,386 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,973

Property Taxes

$413

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 398 Park Avenue

Summary
Location and General Information
  • City: Woonsocket
  • Community Features: Highway Access, Near Schools, Public Transportation, Restaurant, Shopping
  • Postal City: Woonsocket
  • Postal Code: 02895
  • Postal Code Plus4: 7111
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $4,950.00
  • Tax Assessed Value: 324900
  • Tax Lot: 27
  • Tax Map Number: 16
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 3726.0
  • Building Area Total: 3726.0
  • Living Area Source: Public Records
  • Lot Features: Paved
  • Lot Size Acres: 0.11
  • Lot Size Area: 4792.0
  • Lot Size Square Feet: 4792.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 398PARKAVWOON
  • Stories Total: 3
Property and Assessments
  • Buyer Financing: Fha, Va
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 3,105,806,722
Utilities
  • Electric: Amps100
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 11
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Laminate
  • Heating: Baseboard, Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Bathtub, Tub Shower
  • Patio And Porch Features: Porch
  • Rooms Total: 16
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,750.00
  • Description: Sq. footage is approximate
  • Unit Type Area: 898.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,000.00
  • Unit Type Area: 1414.0
  • Baths Total: 1
  • Beds Total: 4
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $2,100.00
  • Unit Type Area: 1414.0
  • Baths Total: 1
  • Beds Total: 4
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 398 Park Avenue

DateEvent & SourcePriceAppreciation
Dec 27, 2024

Sold (Public Record)

Public Record #1547655374

$610,000

+8.6% / yr

Dec 27, 2024

Sold

Rhode Island Association of REALTORS® #1365740

$610,000
Oct 22, 2024

Contract Signed

Rhode Island Association of REALTORS® #1365740

Oct 11, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1365740

$589,900
Jul 23, 2007

Sold

Rhode Island Association of REALTORS® #737448

$144,000
Jul 13, 2007

Sold (Public Record)

Public Record #224121752

$144,000
Jun 19, 2007

Contract Signed

Rhode Island Association of REALTORS® #737448

Mar 21, 2007

Listed (Active)

Rhode Island Association of REALTORS® #737448

$209,900
Nov 1, 2006

Permanently Off Market

Rhode Island Association of REALTORS® #645913

Jun 7, 2006

Listed (Active)

Rhode Island Association of REALTORS® #645913

$284,900
DateEvent & SourcePrice
12/27/2024

Sold (Public Record)

Public Record #1547655374

$610,000

+8.6% / yr

12/27/2024

Sold

Rhode Island Association of REALTORS® #1365740

$610,000
10/22/2024

Contract Signed

Rhode Island Association of REALTORS® #1365740

10/11/2024

Listed (Active)

Rhode Island Association of REALTORS® #1365740

$589,900
07/23/2007

Sold

Rhode Island Association of REALTORS® #737448

$144,000
07/13/2007

Sold (Public Record)

Public Record #224121752

$144,000
06/19/2007

Contract Signed

Rhode Island Association of REALTORS® #737448

03/21/2007

Listed (Active)

Rhode Island Association of REALTORS® #737448

$209,900
11/01/2006

Permanently Off Market

Rhode Island Association of REALTORS® #645913

06/07/2006

Listed (Active)

Rhode Island Association of REALTORS® #645913

$284,900

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

Public Records for 398 Park Avenue

Taxable ValueLand$87,900Additions$471,000Total$558,900
Tax Record2025$6,276 ($523 / month)
Home Facts
Baths3Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtUnfinished Basement SqFt1,344 SqFtStories3Lot Size4,792 SqFtStyleTriplexYear Built1900ZoningR3CountyPROVIDENCEAPNWOON M:16A L:230 U:27

Schools near 398 Park Avenue

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 - 6 to 8
Rating
School
Distance
Bernon Heights School
PublicK to 5

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.

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Listing Courtesy of Williams & Stuart Real Estate

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.