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Sold for $395,000 on 01/09/23
  • $395,000

    141 Welles, Woonsocket, RI 02895

    8beds
    4,408sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $584,900 Zestimate®
    $90/sqft
    $2,375 Estimated rent

    Home value

    $584,900

    $538,000 - $632,000

    $2,375/mo

    Zestimate® history
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    What's special

    Looking for a rare opportunity to own two properties on one lot? This is it! Take a look at this outstanding opportunity to own two 2 family homes at the price of one. Solid cash flow! The front house consists of two 2 bed 1 bath units, as does the rear house. Enjoy low maintenance vinyl siding and replacement vinyl windows. Both buildings have updated heat, including hot water tanks and furnaces being less than 5 years old. New electrical services are being installed. The units are nicely laid out and feel spacious. Property also boasts 4 off street parking spaces. Minutes away from all of the amenities downtown Woonsocket as to offer! Live in one unit and let the rents pay your mortgage! Long term tenants in place, front house tenants are leased and rear house tenants are month to month. Front house does have an unfinished attic with potential to be converted into townhouse style. With the current rental market becoming so competitive, this fantastic income property is sure to move quickly! Can be sold as a package with 179 2nd Ave in Woonsocket or separately.

    Zillow last checked: 8 hours ago

    Listing updated: January 18, 2023 at 11:11pm

    Listed by:

    Jonathan Annear 401-559-7007,

    Broadway Real Estate Group

    Bought with:

    Jonathan Annear, RES.0040351

    Broadway Real Estate Group

    Source: StateWide MLS RI,MLS#: 1325430MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard, Forced Water
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Oven/Range, Refrigerator
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Hardwood, Laminate
    • Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
    • Attic: Attic Stairs, Attic Storage
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 5,256
    • Total interior livable area: 4,408 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    Features
    • Stories: 3
    • Patio & porch: Porch
    Lot
    • Size: 6,534 sqft
    Details
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Vinyl Siding
    • Foundation: Mixed
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Electric: 100 Amp Service, Individual Meter
    • Sewer: Public Sewer
    • Water: Municipal
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Schools
    Location
    • Region: Woonsocket
    • Subdivision: Fairmount

    HOA & financial

    Other financial information
    • Total actual rent: 3600

    Price history

    DateEventPrice
    1/9/2023Sold$395,000-1.2%$90/sqft
    Source: StateWide MLS RI #1325430
    12/14/2022Pending sale$399,900$91/sqft
    Source: StateWide MLS RI #1325430
    11/22/2022Contingent$399,900$91/sqft
    Source: StateWide MLS RI #1325430
    11/16/2022Listed for sale$399,900+81.7%$91/sqft
    Source: StateWide MLS RI #1325430
    8/29/2018Sold$220,100$50/sqft
    Source: Agent Provided

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bernon District

    Nearby schools

    GreatSchools rating
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    $584,900
    2% more+ $11,698
    With Zillow Showcase(estimated)
    $596,598