47 Wood Avenue
47 Wood Avenue
$850,000
8
4
6,300
6,300
$135
Description
Wow - calling all investors on this one! Two houses on one lot. This turn key fully performing 8 unit property comprises a seven unit and a single family residence. This is the perfect income generating property that you do not want to miss! The main building features six 2 beds 1 bath units and one 1 bed 1 bath unit, with an average of 800 sqft per unit, while the rear building is a single family home featuring 3 beds and 1 bath with 978 square feet. On the outside, the property has been well maintained,...Wow - calling all investors on this one! Two houses on one lot. This turn key fully performing 8 unit property comprises a seven unit and a single family residence. This is the perfect income generating property that you do not want to miss! The main building features six 2 beds 1 bath units and one 1 bed 1 bath unit, with an average of 800 sqft per unit, while the rear building is a single family home featuring 3 beds and 1 bath with 978 square feet. On the outside, the property has been well maintained, in addition to the updated roof and driveways that offers ample room for all the tenants. Many new mechanicals throughout and updates done throughout the property. Investors looking for good long term equity and cash-flow, this is perfect for you. High cap rate of 9.29 % and tenants are responsible for their own utilities.
- Listed by Kyle Seyboth • Century 21 The Seyboth TeamP: 508-726-3492 kyle@seybothteam.com
Amenities
- Basement
- Carpet Floors
- Ceramic Floors
- Driveway
- Full Basement
- Gas Heat
- Hardwood Floors
- Hot Water Heating
Location
LISTING UPDATED: 03/04/2024 12:32 AM
Property Details for 47 Wood Avenue
Status | Active |
---|---|
MLS # | 1353304 |
Days on Market | 67 |
Taxes | $8,280 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi Family |
Year Built | 1920 |
Lot Size | 0.20 AC / 8,599 SF |
County | Providence County |
Location
Building Information for 47 Wood Avenue
Stories-Residences4Year Built1920Building Size-Lot Size0.20 AC / 8,599 SF
Payment Calculator
$5,329 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 47 Wood Avenue
Property History for 47 Wood Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 47 Wood Avenue
Taxable ValueLand$93,800Additions$498,500Total$592,300
Tax Record2023$8,280 ($690 / month)
Home Facts
Lot Size8,600 SqFtStyleMulti-Family Res (5+ Units)ZoningR4CountyPROVIDENCEAPNWOON M:37E L:167 U:8
Schools near 47 Wood Avenue
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 at Hamlet Public6 to 8 | ||
Woonsocket High School Public9 to 12 | ||
Woonsocket Middle @ Villa Nova 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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