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+15087982020
Quinsigamond Realty
668 Grove Street, Woonsocket, RI 02895
- $659,000
- 8
- BD
- 4
- BA
- List Price
- $659,000
- Status
- ACTIVE
- MLS#
- 1422169
- Year Built
- 1922
- Bedrooms
- 8
- Bathrooms
- 4
- Acres
- 0.29
- Subdivision
- Bernon
Property Description
668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6 6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer. Recent capital improvements including four new hot water tanks help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units. With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay. Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P&L or financial information being shared. All reasonable offers will receive consideration.
Additional Information
- Taxes
- $10,687
- Lot Size
- 12,632
- Interior Features
- Attic, Bathtub, Tub Shower
- Flooring
- Ceramic Tile, Hardwood, Laminate, Other, Carpet
- Heating
- Baseboard, Gas
- Cooling System Type
- None
- Sewer
- Public Sewer
- Water Source
- Public
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Basement
- Exterior Entry, Full, Interior Entry, Unfinished
- Exterior Features
- Paved Driveway
- Garage Spaces
- 6
- Parking Spaces
- 12
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Listing courtesy of Boucher Real Estate. Contact:
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