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Sold on 07/26/2011
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542 E School St, Woonsocket, RI 02895

$822,000

Last sold 07/26/2011 for $168K

  • 18

    bed

  • 6

    bath

  • 5,712

    Sqft ($29/Sqft)

Multi-family not for sale
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About 542 E School St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 7,742 Sqft
Movoto estimate
Property description
Short Sale Investment Opportunity. Don't miss out on this fully rented 6 family in Woonsocket. Property has newer oil furnace with central heat, separately metered electricity, fire alarm test in hand, off street parking. The building is under professional property management and has a strong cash flow. Vinyl sided with a rubber roof. Bank short sale process has begun. If you are looking for a high cap rate investment opportunity, this is the one. See listing broker for rent roll and expenses.
Listed by
Listing Agent - Jeffrey R. Allaire
Listing Office - Century 21 Commonwealth
Source: MLS Property Information Network, Inc. mls logo
MLS#71210766 • last updated 1 month ago
Movoto checked MLS Property Information Network, Inc. for data 1 minute ago
Overview
Cooling/AC None
Heating Central, Baseboard, Oil
Levels/Style 4, 4
MLS # 71210766
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 5712
Lot Size (SqFt) 7742
Lot Size (Acres) 0.18
Annual Property Tax 5224.59
Year Built 1900
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 18
Basement Full
Total # of Rooms 30
Laundry Electric Dryer Hookup
Flooring Vinyl, Carpet
Appliances Range, Refrigerator
Interior Features Living Room, Kitchen
Exterior
Foundation Stone
Roof Rubber
Construction Frame
Parking Desc Paved Drive, Off Street
# Parking Spaces 6
Patio/ Porch Enclosed
Amenities / Utilities
Sewer Public Sewer, City/Town Sewer, Individual Meter
Utilities For Gas Range, for Electric Dryer
Electricity 100 Amp Service, Individually Metered
Water Source Public, Individual Meter, City/Town Water
Location
County Providence
Community Features Public Transportation, Shopping
Zoning RES
APN M:21G L:269 U:30, 191786
Directions Rathbun To East School St
Multifamily Details
Net Operating Income 24488
Operating Expense 30582
Total Actual Rent 5549
Financial Data Source Owner
Expense: Water/ Sewer 3460
Gross Income 66588
Expense: Electricity 2343
Gross Scheduled Income 866
$822K
Range: $641K-$1M
Last 30 days 
  • May 2016
    mls logo MLS # 1116763
  • May 17, 2016 Price Change
    $215,000 (-4.4%)
  • May 2, 2016 Listed
    $225,000 (+13.1%)
  • Feb 10, 2016 Pending
    —
  • Jan 28, 2016 Listed
    $199,000 (+18.5%)
  • Sep 2011
    mls logo MLS # 71210766
  • Sep 27, 2011 Sold
    $168,000
  • Apr 4, 2011 Listed
    $225,000 (-37.0%)
  • Sep 2011
    Public Records
  • Sep 27, 2011 Sold
    $168,000 (-25.3%)
  • Nov 2006
    Public Records
  • Nov 27, 2006 Sold
    $357,000 (+88.9%)
  • May 2003
    Public Records
  • May 1, 2003 Sold
    $189,000
  • Year Property taxes Tax assessment
  • 2024
    $5,953 +4.0%
    $409,400
  • 2023
    $5,723
    $409,400
  • 2022
    $5,723 +10.6%
    $409,400 +87.88%
  • 2021
    $5,175 -1.1%
    $217,900
  • 2020
    $5,230
    $217,900
  • 542 E School St
    $168K
  • Social District
    $239K -31% y/y
  • 02895
    $379K +8% y/y
  • Woonsocket
    $399K +5% y/y
No chart available
Statistics calculated by Movoto

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2/10
Woonsocket High School
public Grades 9-12
Woonsocket School District
Source: GreatSchools.org © 2026. All rights reserved.

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