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130 E School St

Woonsocket RI 02895

12
6
12
4800 sq. ft.
6970 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Investment opportunity with significant upside in this six-unit apartment building in Woonsocket. The property currently includes three occupied units generating rental income and three vacant units ready for renovation, offering immediate cash flow with the opportunity to increase future returns. Renovation work has already begun in portions of the building, including three newer heating systems, with two remaining to be connected. The property requires additional improvements and is well suited for investors looking to add value over time. Ample off-street parking, a full basement with storage and mechanical space, and a convenient location near downtown, Route 146, shopping, restaurants, and Massachusetts add to the property's long-term appeal. Whether you're expanding an existing portfolio or taking on your next redevelopment project, this property offers the opportunity to build equity through thoughtful improvements while benefiting from income already in place. Buyer is responsible to do their own due diligence to verify all information on this listing. Property has code violations through City of Woonsocket.

Features

12 bedrooms
6 bathrooms
12 carspaces
4800 sq. ft. floor area
6970 sq. ft. lot size
Multi-Family

Property history for 130 E School St

2020
Sold
$300,000
29 Jan 2020
2016
Sold
$300,000
31 May 2016 by Duane Boucher

Happy sellers in Woonsocket

85%
85% of sellers in Woonsocket reported that their sale price either exceeded or met their price expectations.

Woonsocket stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Woonsocket over the last 12 months.

Local market activity for 12 bedroom multi families in Woonsocket

In the last 12 months, 3 numeral.12-bedroom multi families similar to 130 E School St, have been sold.

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