About This Home
This 0-bedroom, 0-bathroom commercial at 72 Kendrick Avenue in Woonsocket, RI is listed for $6,000,000. Built in 1900, on a 0.83 acres lot.
Key Features
- Built in 1900
- 0.83 acre lot
- 40 parking spaces
Property Details
ATTENTION DEVELOPERS AND INVESTORS! Incredible opportunity in Woonsocket to own a fully updated 21-unit residential building offering strong returns. This property boasts an impressive 7% cap rate with an NOI of $359,600, making it an ideal addition to any investment portfolio.
Total rents about $450,000. All units have been completely renovated with modern finishes, new appliances, and attractive, functional layouts designed to appeal to today's tenants. Conveniently located with easy access to local shops, restaurants, and everyday amenities, and just minutes from the downtown district.
Close to major commercial corridors including Diamond Hill Road and Mendon Road. Easy access to Interstate 146 provides convenient commuting to Providence and Worcester. Near the Blackstone River and Blackstone River Greenway, with close proximity to Landmark Medical Center.
Monthly Cost Estimate
$32,089/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
72 Kendrick Avenue
Woonsocket, RI 02895
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 72 Kendrick Avenue is listed at $6,000,000. The estimated monthly payment is $32,089 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.83 acre lot, 40 parking spaces.
This property is listed by Kyle Seyboth and can be reached at (508) 726-3492.