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Susana Murphy

[email protected] +1(508) 345-5632

$ 1,250,000

Est. payment -/mo

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Active

786 Social Street Woonsocket, RI 02895

19 Beds

8 Baths

7,368 SqFt

UPDATED:

02/18/2025 08:05 AM

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 7,368 sqft

Price per Sqft $169

MLS Listing ID 73335306

Bedrooms 19

Full Baths 8

Year Built 1910

Annual Tax Amount $13,557

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

786 Social is a high-performing six-unit asset generating a strong $11,925/month ($143K annually), consisting of (1) 4-bed/2-bath, (1) 3-bed/2-bath, and (4) 3-bed/1-bath units. Each unit has its own washer & dryer, balcony, and spacious living area. With separate electric and gas meters (paid by tenants) and trash removal covered by the city, this is a low-expense property. The asset consists of two 3-unit buildings on one parcel, both having undergone extensive upgrades, including new roofs, siding, electrical, kitchens, bathrooms, flooring, and appliances. Offering a blend of turnkey and value-add potential, this property provides immediate & significant positive cash flow with no work required, while still allowing for additional renovations to further increase revenue. Large, clean basements offer potential storage income, and there's upside potential for condo conversions. An appraisal valued the property at $1.25M, which we have in hand. Financials available.

Location

State RI

County Providence

Zoning R4

Direction Chester Street

Rooms

Basement Full

Interior

Interior Features Upgraded Cabinets, Upgraded Countertops, Remodeled

Appliance Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer

Exterior

Exterior Feature Balcony

Community Features Public Transportation, Shopping, Laundromat, Highway Access, Public School, University

Total Parking Spaces 7

Garage No

Building

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by John Slyman

Susana Murphy

Broker | ANAN0279

+1(508) 345-5632

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Plymouth, MA

Susana Murphy

786 Social Street Woonsocket, RI 02895

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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786 Social Street

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