Woonsocket, RI 02895,576 Providence ST
Woonsocket, RI 02895,576 Providence ST
Woonsocket, RI 02895,576 Providence ST
Woonsocket, RI 02895,576 Providence ST
Woonsocket, RI 02895,576 Providence ST
Woonsocket, RI 02895,576 Providence ST
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$ 639,000
Est. payment | /mo

6 Beds

4 Baths

6,791 SqFt


$ 639,000
Est. payment | /mo

6 Beds

4 Baths

6,791 SqFt

OPEN HOUSE

Sat Aug 02, 1:00pm - 3:00pm

Sun Aug 03, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,791 sqft

Price per Sqft $94

Subdivision Globe District

MLS Listing ID 1390380

Bedrooms 6

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 6,791

Year Built 1925

Annual Tax Amount $5,330

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi Family

Property Description

Prime Investment Opportunity in Woonsocket's Globe District!
Discover this exceptional 3-unit investment property at 576 Providence Street, perfectly positioned in the sought-after Globe district on the North Smithfield line. This meticulously maintained triple-decker offers reliable income generation with minimal maintenance requirements.
Property Features: Six bedrooms across three units: first floor features 2 bedrooms/2 bathrooms, while upper floors each offer 2 bedrooms/1 bathroom. Recent updates include newer roof, renovated kitchens and bathrooms throughout, updated heating system, and fresh paint.
Investment Benefits: Strong rental income from established long-term tenants provides immediate cash flow. Exceptionally low maintenance costs maximize returns. Landlord covers water, sewer, and heating utilities, enhancing tenant appeal and retention.
Amenities: In-building laundry, rear parking, and prime Globe district location with easy access to local amenities.

The Bottom Line: This turnkey opportunity combines stable tenancies with Woonsocket's growing rental market. Recent capital improvements and landlord-paid utilities create competitive advantages for consistent long-term returns.

Don't miss this premium multi-family investment in one of Woonsocket's most desirable neighborhoods.

Location

State RI

County Providence

Community Globe District

Zoning R3

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Stall Shower, Tub Shower

Heating Baseboard, Central, Common, Gas, Hot Water, Zoned

Cooling None

Flooring Ceramic Tile, Hardwood, Other, Parquet

Inclusions Excludes tenants owned window AC units

Fireplace No

Window Features Storm Window(s),Thermal Windows

Appliance Gas Water Heater, Water Heater, Water HeaterRented

Laundry Common Area

Exterior

Exterior Feature Deck, Porch, Paved Driveway

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Porch Deck, Porch

Total Parking Spaces 3

Garage No

Building

Lot Description Paved

Foundation Combination, Concrete Perimeter, Stone

Sewer Connected, Public Sewer

Water Connected, Public, Water Tap Fee

Structure Type Drywall,Plaster,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 576PROVIDENCESTWOON

Virtual Tour https://tour.RiLiving.com/576-Providence-Street-Woonsocket-RI-02895

Listed by Keller Williams Coastal
agent
L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646 | info@llhomesteam.com

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