$470,000
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419 Fairmount ST Woonsocket, RI 02895
4 Beds
2 Baths
1,998 SqFt
Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,998 sqft
Price per Sqft $235
Subdivision Fairmount
MLS Listing ID 1419095
Sold Date 10/05/26
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
Property Description
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.
Location
State RI
County Providence
Community Fairmount
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
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
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
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
Others
Senior Community No
Tax ID 419FAIRMOUNTSTWOON
Financing FHA,VA
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