About This Home
This 8-bedroom, 4-bathroom residential multi family at 668 Grove Street in Woonsocket, RI is listed for $659,000 ($84 per sqft). Built in 1922, the home offers 7,808 sqft of living space on a 0.29 acres lot.
Key Features
- Built in 1922
- 0.29 acre lot
- 3 stories
- 12 parking spaces
Property Details
Amenities
668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6-6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer.
Recent capital improvements - including four new hot water tanks - help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units.
With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay. Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P&L or financial information being shared. All reasonable offers will receive consideration.
Monthly Cost Estimate
$3,524/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
668 Grove Street
Woonsocket, RI 02895
Bernon
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 668 Grove Street is listed at $659,000 ($84/sqft). The estimated monthly payment is $3,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1922, 0.29 acre lot, 3 stories, 12 parking spaces. Interior Features: Wall (Dry Wall), Wall (Paneled), Wall (Plaster).
This property is listed by Gregory Smith and can be reached at 4014396964.
