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Roults Jean-Francois

jeanfrancoisgroupmgt@gmail.com +1(401) 316-9458

$ 459,900

Est. payment -/mo

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419 Fairmount ST Woonsocket, RI 02895

4 Beds

2 Baths

1,998 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,998 sqft

Price per Sqft $230

Subdivision Fairmount

MLS Listing ID 1419095

Style Stacked

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,998

Year Built 1900

Annual Tax Amount $4,210

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi Family

Property Description

Investment opportunity! Exceptionally well-maintained by the same owner for over 40 years, this solid 2-family property offers immediate income with long-term tenants already in place who would love to stay. Both spacious units feature approximately 999 sq. ft. with 2 bedrooms, clean kitchens each featuring painted tin ceilings for turn of the century fire protection and charm, and a combination of laminate, vinyl, and carpet flooring. Separate gas and electric utilities, plus a house meter for the common basement, make management simple. A common washer and dryer are available for tenant use. Outside, enjoy an extremely low-maintenance vinyl exterior, detached one-car garage, parking for four additional vehicles, and a modest yard. Major capital improvements have already been completed, including a young roof, heating systems approximately 3 months and 10 years old, and hot water tanks just 3 months and 3 years old, providing peace of mind for years to come. The seller will obtain lead certificates prior to closing. With below-market rents offering excellent future upside and nearly 2,000 sq. ft. of living space, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build long-term wealth.

Location

State RI

County Providence

Community Fairmount

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Interior Steps, Permanent Attic Stairs, Tub Shower

Heating Baseboard, Gas, Hot Water

Cooling None

Flooring Laminate, Vinyl, Carpet

Fireplaces Type None

Inclusions Market Rents conservatively estimated at $1800 for first floor and $1700 for second floor. Actual rents currently being received are 900 first floor and 1050 second floor Long term paying tenants in place. Seller to obtain Lead Certificates prior to closing.

Fireplace No

Appliance Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer

Laundry Common Area

Exterior

Exterior Feature Paved Driveway

Parking Features Detached

Garage Spaces 1.0

Community Features Golf, Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Utilities Available Sewer Connected

Handicap Access Accessibility Features, Low Pile Carpet

Total Parking Spaces 5

Garage Yes

Building

Foundation Brick/Mortar, Stone

Sewer Connected, Public Sewer

Water Connected, Public

Architectural Style Stacked

Structure Type Drywall,Plaster,Wood Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 419FAIRMOUNTSTWOON

Virtual Tour https://www.zillow.com/view-imx/49750137-0d72-4a65-8729-1bc80aae361c?initialViewType=pano&utm_source=dashboard

Listed by Real Broker, LLC

NEARBY SCHOOLS & PROPERTIES

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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