450 Summer Street Woonsocket, RI 02895
Listing Courtesy of: RHODE ISLAND / Re/Max Properties / The Stearns McGee Team

  450 Summer Street Woonsocket, RI 02895

Active (18 Days)
$1,800,000
18
BED
10
BATH
8,367
SQFT

Description

Introducing a rare opportunity to own a one-of-a-kind total of 10 units. One building is an 8-unit apartment house, nestled in one of the most desirable neighborhoods in the city. This exceptional property features meticulously maintained units, all in good condition, ensuring a comfortable living experience for tenants. Every unit boasts its own charm and character, providing a welcoming atmosphere for residents. The property includes a lovely yard, perfect for relaxation and ample parking space for both tenants and guests. A convenient coin-operated laundry facility on-site adds further appeal, making daily chores hassle-free. In addition to the 8-unit apartment house, this remarkable property encompasses a beautiful duplex, featuring two spacious Three -bedroom apartments. Ideal for larger families. The duplex provides an excellent living space while complementing the rental income from the apartment units. Rents are currently lower due to the presence of reliable, long-term tenants, reflecting the stability and community spirit of the neighborhood. This unique investment opportunity not only promises steady income but also the potential for future growth as new tenants come in. Don’t miss the chance to acquire this well-maintained apartment complex in a prime location, where charm meets functionality, and community living shines. Whether you're an experienced investor or a first-time buyer, this property is a must-see!

MLS #:
1373505
Taxes
$20,975(2024)
Lot Size
0.45 acres
Type
Multifamily
Year Built
1900
County
Providence County
Community
North End

Listed By

The Stearns McGee Team, Re/Max Properties
Source
RHODE ISLAND
Last checked Dec 10 2024 at 5:50 PM EST
Bathroom Details
  • Full Bathrooms: 10
Interior Features
  • Refrigerator
  • Oven/Range
  • Laundry: In Building
  • Insulation: Unknown
  • Plumbing: Mixed
  • Walls: Plaster
Subdivision
  • North End
Lot Information
  • Sidewalks
  • Paved
  • Corner Lot
Property Features
  • Fireplace: Brick
  • Fireplace: 2
  • Foundation: Mixed
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Baseboard
  • Natural Gas
  • None
Basement Information
  • Unfinished
  • Walkout
  • Partial
Flooring
  • Carpet
  • Laminate
  • Hardwood
  • Ceramic Tile
Utility Information
  • Sewer: Connected
Parking
  • Total: 12
  • No Garage
Stories
  • 3
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Mott & Chace Sotheby’s International Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved. 12/10/24 09:50