113-115 Bellingham St
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113-115 Bellingham St
6 Unit Apartment Building $800,000 ($133,333/Unit) 6.87% Cap Rate Woonsocket, RI 02895
Executive Summary
6 Unit Building on the Rhode Island/Massachusetts Border. 6 one bedroom units owner pays for heat and hot water. Upside potential in raising rents or separating out utilities for heat and hot water. New Roof in 2020 and all units have some form of renovations kitchens, baths, new flooring etc. Off street parking available for 6 vehicles, updated electric and fire alarm system. Please see detailed offering memorandum attached to listing which details rent roll, profit and loss and property info or email John at jhslyman@gmail.com. Private showings available during week most units will be available during open house on 10/26/24 from 10-Noon.
Property Facts
| Price | $800,000 | Apartment Style | Low Rise |
| Price Per Unit | $133,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.87% | Building Size | 4,170 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1928 |
| Price | $800,000 |
| Price Per Unit | $133,333 |
| Sale Type | Investment |
| Cap Rate | 6.87% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,170 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1928 |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
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Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | WOON-000035I-000106-000015 | Improvements Assessment | $274,100 |
| Land Assessment | $89,800 | Total Assessment | $363,900 |
PROPERTY TAXES
Parcel Number
WOON-000035I-000106-000015
Land Assessment
$89,800
Improvements Assessment
$274,100
Total Assessment
$363,900
zoning
| Zoning Code | R4 |
| R4 |
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113-115 Bellingham St
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