198 4th Ave, Woonsocket, RI 02895 | MLS #73238565 | Zillow
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For sale
  • $525,000

    198 4th Ave, Woonsocket, RI 02895

    10beds
    4,149sqft
    : 
    4 Family - 4 Units Up/Down
    Built in 1920
    -- sqft lot
    $539,000 Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Five rear parking spacesAmple street parking
    Presenting an exceptional opportunity for astute investors, this dependable four-unit property stands as a testament to reliability and profitability. Key to its success are the on time, paying tenants who occupy its units, alongside a prestigious anchor tenant on the coveted first floor. This ensures a hassle-free ownership experience.Featuring a sought-after configuration of two 3-BR units, and two 2-BR units, alongside an impressive nearly 7% cap rate. Recent upgrades, including the replacement of all four hot water heaters, updated fire alarm panel, removal of visible knob and tube wiring, repainting of the main hallway and porches, underscore this property as a solid investment.Additionally, the presence of five rear parking spaces complemented by ample street parking ensures convenience and tenant retention for the long term.Check out the 360 tour and be sure to attend on of the three open houses this weekend!
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    Likely to sell faster than

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    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 198 4th Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Gas Dryer Hookup, Electric Dryer Hookup
    Features
    • Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Dining Room, Kitchen
    • Flooring: Tile, Vinyl, Varies, Laminate, Hardwood
    • Windows: Insulated Windows
    • Basement: Full,Walk-Out Access,Bulkhead,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,149
    • Total interior livable area: 4,149 sqft
    Virtual tour

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Drive, Shared Driveway
    • Has uncovered spaces: Yes
    Property
    • Exterior features: Balcony/Deck
    • Patio & porch details: Porch
    Lot
    • Lot size: 5,663 sqft
    • Lot features: Gentle Sloping
    Other property information
    • Parcel number: 325775
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subType: 4 Family - 4 Units Up/Down
    Material information
    • Construction materials: Frame, Conventional (2x4-2x6)
    • Foundation: Stone
    • Roof: Rubber
    Condition
    • Year built: 1920

    Utilities & green energy

    Utility
    • Sewer information: Public Sewer
    • Water information: Public
    • Utilities for property: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer, Varies per Unit

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
    Location
    • Region: Woonsocket

    HOA & financial

    Other financial information
    • : 2%
    • Transaction broker fee: 1%
    • Fees based on: Net Sale Price
    • Total actual rent: 4560

    Other

    Other facts
    • Listing terms: Other (See Remarks)
    Services availability

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    Estimated market value

    $539,000

    $512,000 - $566,000

    $2,470/mo

    Price history

    DateEventPrice
    5/21/2024Pending sale$525,000$127/sqft
    Source: StateWide MLS RI #1358860
    5/15/2024Listed for sale$525,000+230.2%$127/sqft
    Source: StateWide MLS RI #1358860
    4/5/2015Listing removed$159,000$38/sqft
    Source: Green Island Realty, Inc. #1087517
    3/10/2015Price change$159,000-5.9%$38/sqft
    Source: Green Island Realty, Inc. #1087517
    2/3/2015Listed for sale$169,000+13.4%$41/sqft
    Source: Green Island Realty, Inc. #1087517

    Public tax history

    Tax history is unavailable.

    Monthly payment calculator

    Neighborhood: Fairmount

    Nearby schools

    GreatSchools rating

    Local experts in 02895

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