47 Wood Avenue

Woonsocket, RI 02895

$850,000
Price
8
Beds
4
Baths
6,300 Sq. Ft.
$135 / Sq. Ft.
6,300
Sq. Ft.
$135
per Sq. Ft.

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.
  1. Listed by Kyle Seyboth • Century 21 The Seyboth Team
    P: 508-726-3492 kyle@seybothteam.com

Amenities

  • Basement
  • Carpet Floors
  • Ceramic Floors
  • Driveway
  • Full Basement
  • Gas Heat
  • Hardwood Floors
  • Hot Water Heating

Location

Listing Courtesy of Century 21 The Seyboth Team
Add your commute
LISTING UPDATED: 03/04/2024 12:32 AM

Property Details for 47 Wood Avenue

StatusActive
MLS #1353304
Days on Market67
Taxes$8,280 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.20 AC / 8,599 SF
CountyProvidence County

Location

Listing Courtesy of Century 21 The Seyboth Team
Add your commute

Building Information for 47 Wood Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.20 AC / 8,599 SF

Payment Calculator

$5,329 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$690

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 47 Wood Avenue

Summary
Location and General Information
  • City: Woonsocket
  • Postal City: Woonsocket
  • Postal Code: 02895
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 10
Taxes and HOA Information
  • Tax Annual Amount: $8,280.00
  • Tax Assessed Value: 592300
  • Tax Lot: 008
  • Tax Year: 2023
Property
Lot Information
  • Building Area Total: 6300.0
  • Living Area Source: Other
  • Lot Size Acres: 0.1974
  • Lot Size Area: 8599.0
  • Lot Size Square Feet: 8599.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 47WOODAVWOON
  • Stories Total: 0
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1920
  • C L I P: 7,343,169,597
Utilities
  • Electric: Item100Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Water Heater
  • Basement: Full, Finished, Interior Entry
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Rooms Total: 12
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,000.00
  • Type: Item2Bedroom
  • Unit Type Area: 842.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,000.00
  • Type: Item2Bedroom
  • Unit Type Area: 842.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,150.00
  • Type: Item2Bedroom
  • Unit Type Area: 842.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,150.00
  • Type: Item2Bedroom
  • Unit Type Area: 842.0
  • Baths Total: 1
  • Beds Total: 2
  • 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 47 Wood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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47 Wood Avenue is a multi-family home for sale in Woonsocket, RI 02895. This property was listed for sale on February 22, 2024 by Century 21 The Seyboth Team, it's currently listed at $850,000. It has been on the market for a total of 67 days and was last sold on March 1, 2005. This listing's school district is Woonsocket School District. Nearby schools include Governor Aram J. Pothier School, Woonsocket Middle at Hamlet and Woonsocket High School. 47 Wood Avenue is a 8-bed, 4-bath, 6,300 sqft multi-family home built in 1920.

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 Century 21 The Seyboth Team

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.