238 Newland Ave - Apartments FOR SALE


Woonsocket, RI 02895
$1,060,000 USD
843-367-0291
238 Newland Ave, Woonsocket, RI for Sale
$1,060,000 USD
Apartments - FOR SALE
1/3
null | 7.49% Cap Rate

238 Newland Ave
Woonsocket, RI 02895


OVERVIEW

6 Unit Apartment Building 7.5% CAP Rate on existing rent Room to increase rents to market rates Renovated 2025

FOR SALE DETAILS

PRICE

$1,060,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

6

PRICE/UNIT

$176,667

CAP RATE

7.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,940 SF

ZONING

R3

APN/PARCEL ID

WOON-000040B-000058-000005

ASK ABOUT THIS PROPERTY

Bob BerleNAI ADVISORSMore Info
843-367-0291

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Bob BerleNAI ADVISORSMore Info
843-367-0291

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.