3 Highland St - Apartments FOR SALE


Woonsocket, RI 02895
$1,125,000 USD
508-726-3492
3 Highland St, Woonsocket, RI for Sale
$1,125,000 USD
Apartments - FOR SALE
1/58
null | Request Cap Rate

3 Highland St
Woonsocket, RI 02895


OVERVIEW

This impressive 9-unit multifamily property features two separate buildings on a single lot, offering a fantastic investment opportunity in a prime Woonsocket location. Currently occupied with the exception of two units, the property provides a great mix of layouts, with varying bedroom and bathroom counts to suit diverse tenant needs. When fully occupied, gross rents total: $12,500 monthly. Tenants enjoy the convenience of ample parking, with 6 garage spaces and an additional 15 off-street spots, making it easy to accommodate multiple vehicles per unit. Well-maintained and ideally situated near local amenities, this property combines practicality with profitability, offering both stability and potential growth in occupancy. Whether you're an investor seeking steady income or looking to expand a rental portfolio, this multifamily home promises value and convenience in an appealing, tenant-friendly location.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

9

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,604 SF

ZONING

R3

APN/PARCEL ID

WOON-000008B-000044-000018

ASK ABOUT THIS PROPERTY

Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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