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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

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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

122 N Main Sale Sheet

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%	Average Occupancy	95%
No. Units	19	No. Stories	4
Property Type	Multifamily	Year Built/Renovated	1891/2023
Property Subtype	Apartment General Retail Storefront Retail/Residential	Parking Ratio	1.36/1,000 SF
Apartment Style	Mid-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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 General Retail Storefront Retail/Residential
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.43 AC
Building Size	14,704 SF
Average Occupancy	95%
No. Stories	4
Year Built/Renovated	1891/2023
Parking Ratio	1.36/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MU1 - Mixed Used