503 Manville RD Active

Woonsocket,RI 02895

$ 529000

- Bed

0 Bath

3300 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $160

Subdivision Bernon Heights

MLS Listing ID 1397764

Year Built 1921

Annual Tax Amount $5,076

Tax Year 2024

Lot Size 6,534 Sqft

Property Sub-Type Commercial

Property Description

Fantastic FIVE UNIT Investment or Owner-Occupant Opportunity! Proudly owned by the same owner for 40 years. Don't miss this well-maintained 5-unit multifamily ideally situated on the Lincoln line! This FIVE UNIT property offers immediate cash flow with 7 bedrooms | 5 baths! 4 units currently leased and 1 vacant, perfect for an owner-occupant or investor looking to add value. Highlights include: Firecoded & Lead Certificate in place. Two 2-bedroom units and three 1-bedroom units. Separate utilities and ample parking for all tenants. Young roof (approximately 5 years old). Exterior in excellent condition. Basement storage and on-site laundry for tenant convenience. Located in a prime area bordering Lincoln, RI, this property combines stability with upside potential. Current rents are well below market, offering strong future growth. All tenants are month-to-month, with long-term rental history ranging from 5 to 25 years. A solid investment with room to grow! DEADLINE: BEST & FINAL OFFER DUE BY WED, OCT 29 at 5:00 PM!

Location

State RI

County Providence

Community Bernon Heights

Zoning R2

Interior

Heating Space Heater

Cooling None

Laundry Common Area,Laundry Room

Exterior

Community Features Golf,Highway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)

Utilities Available Natural Gas Connected,Sewer Connected

Building

Story 2

Foundation Stone

Sewer Connected,Public Sewer

Water Public

New Construction No

Others

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