247 Blackstone St - Apartments FOR SALE


Woonsocket, RI 02895
$699,900 USD
401-255-5530
247 Blackstone St, Woonsocket, RI for Sale
$699,900 USD
Apartments - FOR SALE
1/8
null | 6.87% Cap Rate

247 Blackstone St
Woonsocket, RI 02895


OVERVIEW

Exceptional Multi-Family Investment Opportunity – Fully Renovated 2025! Discover a prime investment property at 247 Blackstone St, Woonsocket, RI, featuring five updated units with major renovations completed in 2025! This turnkey multi-family boasts modern upgrades while maintaining its strong rental appeal. Recent Updates include: New Vinyl Siding – Low-maintenance exterior for long-term durability 5 Brand-New Boilers – Ensuring efficient heating for all units New Electrical Panels & Exterior Meters – Modernized electrical system for safety and convenience Retaining Wall Repaired – Enhancing structural integrity and curb appeal 4 of 5 Units Turned Over – Fresh updates, including new kitchen cabinets, flooring, and more Lead Certifications (2025) – Compliant and move-in ready for tenants This well-maintained and updated property is a fantastic opportunity for investors seeking strong rental income and minimal capital expenditures. Conveniently located near amenities, schools, and public transportation, this multi-family is positioned for long-term value and growth. Don’t miss out! Contact us today to schedule a showing.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$80 USD /SF

# OF UNITS

5

PRICE/UNIT

$139,980

CAP RATE

6.87%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R3

APN/PARCEL ID

WOON-000013E-000020-000002

ASK ABOUT THIS PROPERTY

Doug JeffreyBroadway Real Estate GroupMore Info
401-255-5530

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Doug JeffreyBroadway Real Estate GroupMore Info
401-255-5530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.