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58 & 64 Harrison

$1,950,000

58 Harrison Avenue, Woonsocket, RI 02895

Active
Last Updated: 04/29/2025

137,882

NOI

16,160 sqft

Building Size

Details:
NOI:    $137,882
Building Size:    16,160 sqft
Lot Area:    37,898 acres
Units:    12
Occupancy:    100%
Year Built:    1900
Zoning:    R4
Floors:    3
Parking Spots:    20
Heating:    gas, forced water baseboard
Description:

12 units on almost an acre of land available in Woonsocket, RI in an opportunity zone. This investment property brings in over $200,000 in rental income annually and has room to grow. New boiler and hot water tank in each of the 2 buildings. New bathtubs and vanities in 11 of the 12 units. Building #58 has gone through a complete remodel which includes new kitchen cabinets, appliances, flooring, fixtures, paint, etc. New structural supports in the basement, as well as a freshly poured concrete floors and parged walls in the basement. Building #64 has 3 of the 6 units that have been completely remodeled throughout. New concrete skirting and drainage system around both buildings. New coin-operated laundry in both buildings. Lead certificates obtained for 11 of the 12 units. Plenty of Parking. Firecoded. Great long-term investment.

 

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