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130 E School St 6 Unit Apartment Building $620,000 ($103,333/Unit) Woonsocket, RI 02895
Investment Highlights
- Demanding Rental Market
- Opportunity for Increased Income
- Cash Flowing Value Add Opportunity
Executive Summary
Value add, investment opportunity in a prime rental market.
Three units are occupied - Rents: $1650, $1650, $1600.
Leases: Month-to-month (3rd floor ends in Oct/Nov 2026).
3rd floor vacant unit is gutted, has unique bathroom setup (new bath installed), brand new windows installed, and lines/pipes are ran.
Minor violations, can be accessed upon request.
Each unit is 2 bedrooms, 1 bath.
Please provide 48 hour notice prior to a showing.
Being sold: AS IS
Three units are occupied - Rents: $1650, $1650, $1600.
Leases: Month-to-month (3rd floor ends in Oct/Nov 2026).
3rd floor vacant unit is gutted, has unique bathroom setup (new bath installed), brand new windows installed, and lines/pipes are ran.
Minor violations, can be accessed upon request.
Each unit is 2 bedrooms, 1 bath.
Please provide 48 hour notice prior to a showing.
Being sold: AS IS
Property Facts
| Price | $620,000 | Lot Size | 0.35 AC |
| Price Per Unit | $103,333 | Building Size | 4,800 SF |
| Sale Type | Investment | Average Occupancy | 50% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 0.83/1,000 SF |
| Building Class | C | ||
| Zoning | R4 | ||
| Price | $620,000 |
| Price Per Unit | $103,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 4,800 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 744 |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WOON-000020B-000037-000038 | Improvements Assessment | $305,700 |
| Land Assessment | $60,200 | Total Assessment | $365,900 |
Property Taxes
Parcel Number
WOON-000020B-000037-000038
Land Assessment
$60,200
Improvements Assessment
$305,700
Total Assessment
$365,900
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130 E School St