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Buy a multi-family propertyat 240 Elm St, Woonsocket, RI 02895

$515,000

$0/mo

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Multifamily

4,662 Sq. Ft.

12,632 Sq. Ft. lot

9 Bedrooms

3 Bathrooms

4 Days on market

73088144 MLS ID

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About 240 Elm St multi-family property

This amazing 3-unit property is located in the heart of the city and offers a unique investment opportunity! Sitting on 0.29 acres, this multi-family home features 9 bedrooms and 3 full baths to accommodate all your family needs. With two assigned parking spaces per unit plus an additional labeled visitor spot and plenty on street parking, you'll never have to worry about having enough room for guests or tenants. Each unit has a formal dining area and living room, providing plenty of space for entertaining friends and family. The units are currently rented out with a monthly gross rental income of $5,180 - what more could you ask for? Don't miss out on this amazing opportunity - come check it out today!
This amazing 3-unit property is located in the heart of the city and offers a unique investment opportunity! Sitting on 0.29 acres, this multi-family home features 9 bedrooms and 3 full baths to accommodate all your family needs. With two assigned parking spaces per unit plus an additional labeled visitor spot and plenty on street parking, you'll never have to worry about having enough room for guests or tenants. Each unit has a formal dining area and living room, providing plenty of space for entertaining friends and family. The units are currently rented out with a monthly gross rental income of $5,180 - what more could you ask for? Don't miss out on this amazing opportunity - come check it out today!

Property details

Appliances and Equipment

Appliances: "Unit 1(Range, Refrigerator)", "Unit 2(Range, Refrigerator)", "Unit 3(Range, Refrigerator)"

Basement

Basement: "Full"

House

Building Area Total: 4662

Building Area Units: Square Feet

Construction Materials: "Frame"

Living Area: 4662

Stories Total: 6

Year Built Source: Public Records

Year Built: 1904

Number Of Units Total: 3

Cooling

Cooling: "Unit 1(Window AC)", "Unit 2(Window AC)", "Unit 3(Window AC)"

Foundation

Foundation Details: "Other"

Heating

Heating: "Unit 1(Steam, Gas)", "Unit 2(Steam, Gas)", "Unit 3(Steam, Gas)"

Income

Gross Income: 39960

Interior Features

Interior Features: "Unit 1(Pantry)", "Unit 2(Pantry)", "Unit 3(Pantry)", "Unit 1 Rooms(Living Room, Dining Room, Kitchen)", "Unit 2 Rooms(Living Room, Dining Room, Kitchen)", "Unit 3 Rooms(Living Room, Dining Room, Kitchen)"

Lot

Lot Features: "Corner Lot"

Lot Size Acres: 0.29

Lot Size Area: 0.29

Lot Size Square Feet: 12632

Lot Size Units: Acres

Parcel Number: 268941

Parking

Parking Features: "Off Street", "Assigned", "Guest", "Paved"

Parking Total: 7

Property

Property Sub Type: 3 Family - 3 Units Up/Down

Zoning: R4

Roof

Roof: "Shingle"

Sewer

Sewer: "Public Sewer"

Taxes

Tax Annual Amount: 5999

Tax Year: 2022

Utilities

Water Source: "Public"

Monthly cost

Estimated monthly cost

$3,655/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Nov. 24, 2021

Price

$450,000

Date

Aug. 3, 2015

Price

$120,000

Date

Jun. 2, 2000

Price

$150,000

DatePrice
Nov. 24, 2021$450,000
Aug. 3, 2015$120,000
Jun. 2, 2000$150,000

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$484,100

+$15,450

$499,550

Seller agent commission$15,450 (3%)*

$0 (0%)

Buyer agent commission$15,450 (3%)*

$15,450 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $15,450 more selling your home
with a Unreal Estate agent

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State

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Unreal Estate checked: Mar. 20, 2023 at 9:14 a.m.

Data updated: Mar. 19, 2023 at 5:29 a.m.

Listing modified: Mar. 19, 2023 at 7:05 a.m.

Courtesy of EXIT Realty All Stars, JEP Realty Team.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Listing Information © 2023 MLS Property Information Network. All Rights Reserved.

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