70 North Main Street

Woonsocket, RI 02895

$1,150,000
Price
10
Beds
5
Baths
8,914 Sq. Ft.
$129 / Sq. Ft.
8,914
Sq. Ft.
$129
per Sq. Ft.

Description

Five units! This stately 5-unit investment property is a dream come true for investors. With its impressive brick and granite exterior, the building exudes timeless elegance and curb appeal. Currently generating solid income, this property presents a golden opportunity to substantially increase your wealth. Boasting over 8,000 square feet of space, with potential of adding a 6th unit, further boosting your rental income and maximizing returns. All units have central air conditioning, high ceilings,...Five units! This stately 5-unit investment property is a dream come true for investors. With its impressive brick and granite exterior, the building exudes timeless elegance and curb appeal. Currently generating solid income, this property presents a golden opportunity to substantially increase your wealth. Boasting over 8,000 square feet of space, with potential of adding a 6th unit, further boosting your rental income and maximizing returns. All units have central air conditioning, high ceilings, and their own private entrances. Each unit has a full set of appliances, including stove, fridge, dishwasher, microwave, and washer/dryer. Alternatively, for those with a vision for condo conversions, this property holds immense possibilities. This property is conveniently located close to the MA border and nearby highway access to Route 146 and interstate 295. Don't miss out on this exceptional investment opportunity!
  1. Listed by Spectrum Real Estate Consultants Team • Keller Williams Leading Edge
    P: 401-334-3334 Showings@Spectrumrec.com

Amenities

  • Air Conditioning
  • Basement
  • Carpet Floors
  • Central AC
  • Ceramic Floors
  • Dishwasher
  • Driveway
  • Electric Oven

Location

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LISTING UPDATED: 02/04/2024 12:32 AM

Property Details for 70 North Main Street

StatusActive
MLS #1351577
Days on Market96
Taxes$15,686 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1870
Lot Size0.33 AC / 14,375 SF
CountyProvidence County

Location

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Add your commute

Building Information for 70 North Main Street

Stories2Residences4Year Built1870Building Size-Lot Size0.33 AC / 14,375 SF

Payment Calculator

$7,583 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,307

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 70 North Main Street

Summary
Location and General Information
  • City: Woonsocket
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Woonsocket
  • Postal Code: 02895
  • Postal Code Plus4: 3160
  • 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: 14
Taxes and HOA Information
  • Tax Annual Amount: $15,686.00
  • Tax Assessed Value: 611700
  • Tax Lot: 71
  • Tax Year: 2022
Property
Lot Information
  • Building Area Total: 8914.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.33
  • Lot Size Area: 14375.0
  • Lot Size Square Feet: 14375.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 70NORTHMAINSTWOON
  • Stories Total: 2
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: 1870
  • C L I P: 4,464,464,358
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Oven, Range, Refrigerator
  • Basement: Full, Interior Entry, Partially Finished
  • Basement Y N: Yes
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 10
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Laundry Features: In Unit
  • Rooms Total: 20
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $2,600.00
  • Description: 2 - 2 bed units
  • Type: Item4BedroomOrMore
  • Unit Type Area: 2948.0
  • Baths Total: 2
  • Beds Total: 4
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,800.00
  • Type: Item2Bedroom
  • Unit Type Area: 1464.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,650.00
  • Type: Item2Bedroom
  • Unit Type Area: 1474.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,750.00
  • Type: Item2Bedroom
  • Unit Type Area: 1474.0
  • 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
  • Tenant Pays: Hot Water

Property History for 70 North Main 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 70 North Main Street

Taxable ValueLand$110,100Additions$501,600Total$611,700
Tax Record2023$8,552 ($713 / month)
Home Facts
Total Finished SqFt8,844 SqFtAbove Grade Finished SqFt5,896 SqFtFinished Basement SqFt2,948 SqFtStories2Lot Size14,592 SqFtStyleMulti-Family Res (5+ Units)Year Built1870ZoningMU1CountyPROVIDENCEAPNWOON M:13D L:71 U:2

Schools near 70 North Main 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 - 6 to 8
Rating
School
Distance
Harris School
PublicK to 5

Woonsocket Middle School
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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70 North Main Street is a multi-family home for sale in Woonsocket, RI 02895. This property was listed for sale on January 24, 2024 by Keller Williams Leading Edge, it's currently listed at $1,150,000. This listing's school district is Woonsocket School District. Nearby schools include Harris School, Woonsocket Middle School and Woonsocket High School. 70 North Main Street is a 10-bed, 5-bath, 8,914 sqft multi-family home built in 1870.

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 Keller Williams Leading Edge

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.