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277 Ward St

Woonsocket RI 02895

6
3
6
3702 sq. ft.
5000 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Exceptional investment opportunity in Woonsocket! This well-maintained three-family property offers three spacious units, each featuring 2 bedrooms and 1 full bathroom with layouts that appeal to a wide range of tenants. Each unit provides comfortable living spaces, ample natural light, and functional kitchens and living areas designed for convenience. The property has separate utilities for each unit, making it ideal for investors seeking simplified management and the ability to pass utility costs directly to tenants maximizing cash flow potential. Whether you're a seasoned investor or just starting to build your portfolio, this asset checks all the boxes. Outside, the property offers plenty of off-street parking, a bonus for tenants and a strong advantage in the rental market. The lot provides easy access and maneuverability, enhancing tenant experience. Situated on a quiet street in a peaceful neighborhood, this property offers a desirable living environment while still being conveniently located near local amenities, shopping, dining, and major routes. The combination of location, layout, and income potential makes this a standout opportunity. Perfect for owner-occupants looking to offset their mortgage by living in one unit while renting the others, or for investors seeking steady rental income in a strong market. Don't miss your chance to own a multi-family property with long-term upside in one of Northern Rhode Island's most accessible areas. Schedule a tour today!

Features

6 bedrooms
3 bathrooms
6 carspaces
3702 sq. ft. floor area
5000 sq. ft. lot size
Multi-Family

Property history for 277 Ward St

2020
Sold
$264,000
17 Jul 2020 by The Stearns McGee Team, of RE/MAX Properties

Happy sellers in Woonsocket

87%
87% 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 3 reviews in Woonsocket over the last 12 months.

Local market activity for 6 bedroom multi families in Woonsocket

In the last 12 months, 35 six-bedroom multi families similar to 277 Ward St, have been sold.

This represents a 6% increase in six-bedroom multi families sales when compared to the previous 12 months.

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