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271-273 Coe St
Woonsocket, RI 02895
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Well Maintained
- Steady Cash Flow
- Six Units Fully Occupied
Executive Summary
Well-maintained 6-unit multifamily offering immediate income and strong long-term investment appeal. Consisting entirely of six 2-bedroom, 1-bath units across approximately 6,480 square feet, the property features vinyl siding, replacement windows, updated kitchens and baths in multiple units, tenant-paid heat, six gas meters, seven electric meters, and tankless hot water systems. Additional amenities include off-street parking, covered porch areas, newly painted common hallways, basement storage, and laundry hookups. Fully occupied with all short term leases, this is a compelling opportunity for investors seeking scale, steady cash flow, and operational efficiency in one of Woonsocket’s strongest multifamily corridors
Property Facts
| Price Per Unit | $149,983 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 8,234 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise | Parking Ratio | 0.64/1,000 SF |
| Building Class | C | Cross Streets | Ave C |
| Zoning | R4 | ||
| Price Per Unit | $149,983 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 8,234 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 0.64/1,000 SF |
| Cross Streets | Ave C |
| Zoning | R4 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,650 | 1,120 |
Property Taxes
| Parcel Number | WOON-000004B-000240-000007 | Improvements Assessment | $580,600 |
| Land Assessment | $78,700 | Total Assessment | $659,300 |
Property Taxes
Parcel Number
WOON-000004B-000240-000007
Land Assessment
$78,700
Improvements Assessment
$580,600
Total Assessment
$659,300
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