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122 N Main St 19 Unit Apartment Building $2,895,000 ($152,368/Unit) 6.50% Cap Rate Woonsocket, RI 02895



Executive Summary
• 19-Unit Mixed Use Investment
• Renovated 2023
• 6.5% Cap Rate
• 10,764± SF Residential
• 3,940± SF Retail Space
• 0.43± Acres of Land
• Zoned Mixed Use (MU1)
• 20+ Space Parking Lot
• All Unit Utilities (Gas, Water, Electric) Separately Metered
• Residential Units Include Laundry Hookups & Individual Water Boilers
• Just off Social Street
• Estimated Taxes: $46,926
• Opportunity Zone Location
• Renovated 2023
• 6.5% Cap Rate
• 10,764± SF Residential
• 3,940± SF Retail Space
• 0.43± Acres of Land
• Zoned Mixed Use (MU1)
• 20+ Space Parking Lot
• All Unit Utilities (Gas, Water, Electric) Separately Metered
• Residential Units Include Laundry Hookups & Individual Water Boilers
• Just off Social Street
• Estimated Taxes: $46,926
• Opportunity Zone Location
Property Facts
| Price | $2,895,000 | Building Class | C |
| Price Per Unit | $152,368 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 14,704 SF |
| Cap Rate | 6.50% | No. Stories | 4 |
| No. Units | 19 | Year Built/Renovated | 1891/2023 |
| Property Type | Multifamily | Parking Ratio | 1.36/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | MU1 - Mixed Used | ||
| Price | $2,895,000 |
| Price Per Unit | $152,368 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 14,704 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1891/2023 |
| Parking Ratio | 1.36/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MU1 - Mixed Used |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Tub/Shower
- Patio
- Recreation Room
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Property Manager on Site
- Security System
- Storage Space
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | WOON-000013D-000125-000005 | Improvements Assessment | $2,108,400 |
| Land Assessment | $94,700 | Total Assessment | $2,203,100 |
Property Taxes
Parcel Number
WOON-000013D-000125-000005
Land Assessment
$94,700
Improvements Assessment
$2,108,400
Total Assessment
$2,203,100
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122 N Main St
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