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503 Manville Rd
Woonsocket, RI 02895
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Great Location, Borderline Lincoln, RI
- Coin-Op Laundry in Basement
- Young Roof - 5 Years Old
EXECUTIVE SUMMARY
Fantastic FIVE UNIT Investment or Owner-Occupant Opportunity located in a prime area bordering Lincoln line! Proudly owned by the same owner for 40 years. Don’t miss this well-maintained 5-unit multifamily. YES, FIVE UNITS!! This property offers immediate cash flow with total of 7 bedrooms and 5 bathrooms. 4 units currently leased and 1 vacant, perfect for an owner-occupant or investor looking to add value. Highlights include: Firecoded & Lead Certificate in place. Two 2-bedroom units and three 1-bedroom units. Separate utilities and ample parking for all tenants. Young roof (approximately 5 years old). Exterior in excellent condition. Basement storage and on-site laundry for tenant convenience. This property combines stability with upside potential. Current rents are well below market, offering strong future growth. All tenants are month-to-month, with long-term rental history ranging from 5 to 25 years. A solid investment with room to grow!
PROPERTY FACTS
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 |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | WOON-000029H-000222-000007 | Improvements Assessment | $506,727 CAD |
| Land Assessment | $126,543 CAD | Total Assessment | $633,270 CAD |
PROPERTY TAXES
Parcel Number
WOON-000029H-000222-000007
Land Assessment
$126,543 CAD
Improvements Assessment
$506,727 CAD
Total Assessment
$633,270 CAD
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