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6 Unit Multifamily - 4 2BR and 2 1BR 302 Pond St 6 Unit Apartment Building $885,000 ($147,500/Unit) 8.28% Cap Rate Woonsocket, RI 02895
Executive Summary
Renovated 6-unit apartment complex
Property Facts
| Price | $885,000 | Building Class | C |
| Price Per Unit | $147,500 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 8,886 SF |
| Cap Rate | 8.28% | Average Occupancy | 84% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 0.23/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R4 | ||
| Price | $885,000 |
| Price Per Unit | $147,500 |
| Sale Type | Investment |
| Cap Rate | 8.28% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 8,886 SF |
| Average Occupancy | 84% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.23/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WOON-000013A-000249-000007 | Improvements Assessment | $439,000 |
| Land Assessment | $91,600 | Total Assessment | $530,600 |
Property Taxes
Parcel Number
WOON-000013A-000249-000007
Land Assessment
$91,600
Improvements Assessment
$439,000
Total Assessment
$530,600
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6 Unit Multifamily - 4 2BR and 2 1BR | 302 Pond St
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