592 Diamond Hill

Multi-Family for Sale
Catylist Listing ID: 30757602
Number of Units: 6 Units
Building Size (RSF): 5,009 SF
Gross Building Area: See Agent
Gross Land Area: 0.12 Acres
Sale Price: $745,000
Unit Price: $124,166.67 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Auction License Number: N/A
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/4/2021

Overview / Comments

Fully occupied 6 unit in downtown Woonsocket. Three 2 beds 1 bath and three 3 beds and 1 bath. Clean and well kept common hallway. Hardwired fire system. Large basement with 6 hot water tanks, 6 boilers and 6 separated electrical panels. Common coin op laundry. Three private porches for 3 units . Dumpster on site serviced by trash collection company. Private surface level parking for 7 cars at the rear of the building. Utilities separated and paid by tenants. Positively cash flowing property and exciting investment opportunity. Recent improvements include roof, water heaters & boilers, decks repaired, lead water line replaced. Call, text or email today for more information.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: WO A5-35-52
Percent Occupied: 100%
Property Located Between: Salisbury & Garden St
Highway Access: 2.9 miles to I295
Airports: 27.5 Miles from TF Green Airport
Site Description: Corner lot, steel fence around perimeter, private surface level parking lot at rear of property, small landscaped area to the left of the front entrance. Diamond Hill is a primary road with sidewalks and street lights.
Area Description: Similar residential dwellings surrounding the property in suburban Woonsocket.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1930
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Vinyl siding, 3 wood decks, paved walkway, small landscaped area
Parking Type: Surface
Parking Description: Private parking lot at rear of the property for 7 cars
Total Parking Spaces: 7
Laundry: Shared
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Fuel: Gas
Internet Access: Cable
Interior Description: Well kept common areas and hallways. Three 2 bed 1 bath units and three 3 bed 1 bath units.
Zoning Description: Comm/R4: This 5+ multifamily is considered a commercial building and is a permitted use in this zoning classification.
Lot Frontage: 52
Lot Depth: 106
Water Service: Municipal
Sewer Type: Municipal
Easements Description: N/A
Land Ownership: Owned by seller.
Legal Description: Lot: 003 Plat: 35K

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,383 65,548 107,176
Median Age: 37.8 38.5 39.72
Households: 7,616 26,344 42,103


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.