419 Fairmount ST
Multi-Family $ 459,900

419 Fairmount ST

Woonsocket, RI 02895

Open House

Sat Aug 08, 11:00am - 12:30pm

  • 4 Beds
  • 2 Baths
    Full Baths: 2
  • 1,998 SqFt
  • 5,662 Lot Size
  • 1900 Year Built
Investment opportunity! Exceptionally well-maintained by the same owner for over 40 years, this solid 2-family property offers immediate income with long-term tenants already in place who would love to stay. Both spacious units feature approximately 999 sq. ft. with 2 bedrooms, clean kitchens each featuring painted tin ceilings for turn of the century fire protection and charm, and a combination of laminate, vinyl, and carpet flooring. Separate gas and electric utilities, plus a house meter for the common basement, make management simple. A common washer and dryer are available for tenant use. Outside, enjoy an extremely low-maintenance vinyl exterior, detached one-car garage, parking for four additional vehicles, and a modest yard. Major capital improvements have already been completed, including a young roof, heating systems approximately 3 months and 10 years old, and hot water tanks just 3 months and 3 years old, providing peace of mind for years to come. The seller will obtain lead certificates prior to closing. With below-market rents offering excellent future upside and nearly 2,000 sq. ft. of living space, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build long-term wealth.
Listed by Real Broker, LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Coming Soon

    Purchase Type For Sale

    Square Footage 1, 998 sqft

    Price per Sqft $230

    Subdivision Fairmount

    MLS Listing ID 1419095

    Style Stacked

    Bedrooms 4

    Full Baths 2

    HOA Y/N No

    Abv Grd Liv Area 1,998

    Year Built 1900

    Annual Tax Amount $4,210

    Tax Year 2025

    Lot Size 5,662 Sqft

    Acres 0.13

    Property Sub-Type Multi Family

  • Location

    State RI

    County Providence

    Community Fairmount

  • Rooms

    Basement Exterior Entry, Full, Interior Entry, Unfinished

  • Building

    Foundation Brick/Mortar, Stone

    Sewer Connected, Public Sewer

    Water Connected, Public

    Architectural Style Stacked

    Structure Type Drywall,Plaster,Wood Siding,Vinyl Siding

    New Construction No

  • Interior

    Interior Features Attic, Interior Steps, Permanent Attic Stairs, Tub Shower

    Heating Baseboard, Gas, Hot Water

    Cooling None

    Flooring Laminate, Vinyl, Carpet

    Fireplaces Type None

    Inclusions Market Rents conservatively estimated at $1800 for first floor and $1700 for second floor. Actual rents currently being received are 900 first floor and 1050 second floor Long term paying tenants in place. Seller to obtain Lead Certificates prior to closing.

    Fireplace No

    Appliance Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer

    Laundry Common Area

  • Exterior

    Exterior Feature Paved Driveway

    Parking Features Detached

    Garage Spaces 1.0

    Community Features Golf, Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

    Utilities Available Sewer Connected

    Handicap Access Accessibility Features, Low Pile Carpet

    Total Parking Spaces 5

    Garage Yes

  • Others

    Senior Community No

    Tax ID 419FAIRMOUNTSTWOON

    Virtual Tour https://www.zillow.com/view-imx/49750137-0d72-4a65-8729-1bc80aae361c?initialViewType=pano&utm_source=dashboard

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CONTACT

Stacy Corrigan
Stacy Corrigan

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