Movoto Real Estate
Sold on 11/07/2017

50 First Ave, Woonsocket, RI 02895

$238,000

Last sold 11/07/2017 for $249K

  • 12

    bed

  • 6

    bath

  • 5,262

    Sqft ($47/Sqft)

Multi-family not for sale

About 50 First Ave

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Property description
SOLID SIX FAMILY BUILDING with STABLE RENTAL HISTORY and 12% cap rate. Each unit has access to porches with TWO units having PRIVATE PORCHES off the living room. HARDWOOD floors throughout with several UPDATES to kitchens and bathrooms. All WIRING replaced in 2008 with 400 AMP service to the house and 100 amp service to each unit and all SMOKES are HARDWIRED with regularly tested alarm panel. Laundry HOOKUPS are in each unit and there's STORAGE in the basement that provides additional INCOME. All new gas pipes in basement. Chimney was re-pointed and driveway paved, in 2008 and the ROOF was replaced 8 years ago. There's plenty of OFF STREET PARKING Four Tenants professionally screened by management company. Two long term tenants are due for a rent increase, allowing for the potential for additional income. Rents are CURRENT and TENANTS PAY reliably. All UTILITIES are SEPARATE including hot water. One Section 8 tenant has heat & hw included currently. Building is WELL INSULATED.
Listed by
Listing Agent - Stacy Corrigan
Listing Office - Peace of Mind Property Management
Source: MLS Property Information Network, Inc. mls logo
MLS#72213553 • last updated 8 years ago
Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago
Overview
Levels/Style 5
Type Multi-family
MLS # 72213553
SqFt 5262
Status Sold
SubType 5-9 Family
Lot Size (Acre) 0.19
Property Tax 6080
Year Built 1900
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 6, 6
Total # of Bedrooms 12, 12
Total # of Rooms 25, 24, 25
Basement Full, Unfinished Basement
# Fireplaces 0, 0
Exterior
Foundation Fieldstone
Exterior Shingles, Vinyl
Roof Asphalt/Fiberglass Shingles
Construction Frame
Parking Desc Off-Street, Common, Improved Driveway
# Parking Spaces 14
Exterior Features Porch
Lot Desc Paved Drive, Easements, Additional Land Avail.
Amenities / Utilities
Green Features: Energy Efficiency Insulated Windows
Electricity Circuit Breakers, 100 Amps, Individually Metered, 907
Utility Connections For Gas Range, for Gas Dryer, Washer Hookup
Utilities: Hot Water Natural Gas
Water Source City/Town Water
Sewer 1414
HOA Amenities Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Private School, Public School
Location
County Providence
Multifamily Details
# of Units 6
Unit 3 Rent 775
Unit 4 Rent 795
Unit 2 Rent 675
Unit 1 Rent 725
Lot/ Land Details
Road Type Public, Paved, Publicly Maint., Sidewalk
Frontage 50
$238K
Range: $116K-$359K
Last 30 days 
  • Nov 2017
    Public Records
  • Nov 7, 2017 Sold
    $249,900
  • Aug 2017
    mls logo MLS # 72213553
  • Aug 14, 2017 Listed
    $249,900 (+24989900.0%)
  • Jun 2017
    mls logo MLS # 1141143
  • Jun 30, 2017 Sold
    $1
  • May 17, 2017 Pending
    —
  • May 17, 2017 Act Und Contract
    —
  • May 3, 2017 Listed
    —
  • Apr 12, 2017 Act Und Contract
    —
  • Mar 2, 2017 Price Change
    $1 (-100.0%)
  • Feb 24, 2017 Listed
    —
  • Jan 10, 2017 Pending
    —
  • Jan 3, 2017 Active
    —
  • Dec 1, 2016 Price Change
    $3,600 (-14.3%)
  • Nov 10, 2016 Active New
    $4,200
  • Nov 9, 2016 Listed
    —
  • Nov 2016
    mls logo MLS # 72091955
  • Nov 9, 2016 Listed
    $4,200
  • Year Property taxes Tax assessment
  • 2024
    $967 +4.0%
    $66,500
  • 2023
    $930
    $66,500
  • 2022
    $930 +35.0%
    $66,500 +129.31%
  • 2021
    $689 -1.0%
    $29,000
  • 2020
    $696 -0.3%
    $29,000
  • 2019
    $698
    $29,000
  • 2018
    $698 -78.7%
    $29,000 -71.82%
  • 2016
    $3,276 -13.0%
    $102,900
  • 2015
    $3,764
    —
  • 50 First Ave
    $249K
  • —
  • 02895
    $379K +8% y/y
  • Woonsocket
    $399K +5% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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