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USD $449,900
0 Fourth Avenue, Woonsocket, RI, 02895
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Listing Courtesy of  Engel & Volkers
16 182 sq.ft
AM-5058141
MLS#: 1372065
EASY APPROVALS & DEVELOPMENT OPPORTUNITY!!! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive average rent of $2,100 per unit, this site presents a golden opportunity to tap into a proven and flourishing rental market. Capitalize on the neighboring developer's hard work and leverage this prime spot in an
up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!
up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!
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Points forts de l'offre

  • Montant des taxes annuelles

    2079

  • Lot Size (Sq Ft)

    NaN sq.ft

  • Comté

    Providence

  • Subdivision

    America First - Fairmount

Détails de la propriété

  • Services publics
    Services publics
    Electricity Available, Natural Gas Available, Phone Available, Water Connected
    Source d'eau
    Public
  • Caractéristiques extérieures
    Caractéristiques du lot
    Cleared, Level, Corner Lot, Paved
  • Construction
    Type de propriété
    Terrain
  • Stationnement
    Caractéristiques de stationnement
    Pavé

Emplacement

  • RI
  • Woonsocket
  • 02895
  • Providence
  • 0 Fourth Avenue

Calculatrice de paiement

Entrez vos informations de paiement pour recevoir un paiement mensuel estimé

Prix de la propriété

Mise de fonds

Prêt hypothécaire

Année fixe

Vos mensualités

$2,625.49

Ce calculateur de paiement fourni par Engel & Völkers est destiné à des fins éducatives et de planification seulement. *Suppose un taux d'intérêt de 3,5 %, un versement initial de 20 % et un prêt hypothécaire conventionnel à taux fixe de 30 ans. Les taux cités sont à titre informatif seulement ; les taux actuels peuvent changer à tout moment sans préavis. Vous ne devriez pas prendre de décisions basées uniquement sur les informations fournies. Des montants supplémentaires requis tels que les impôts, l'assurance, les cotisations de l'association de propriétaires, les évaluations, les primes d'assurance hypothécaire, l'assurance contre les inondations ou d'autres paiements requis similaires doivent également être pris en compte. Contactez votre société hypothécaire pour les taux actuels et des informations supplémentaires.

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Mis à jour: April 2, 2025 4:30 AM