3 Highland St
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3 Highland St
9 Unit Apartment Building $1,150,000 ($127,778/Unit) Woonsocket, RI 02895
Executive Summary
This impressive 9-unit multifamily property features two separate buildings on a single lot, offering a fantastic investment opportunity in a prime Woonsocket location. Currently occupied with the exception of two units, the property provides a great mix of layouts, with varying bedroom and bathroom counts to suit diverse tenant needs. When fully occupied, gross rents total: $12,500 monthly. Tenants enjoy the convenience of ample parking, with 6 garage spaces and an additional 15 off-street spots, making it easy to accommodate multiple vehicles per unit. Well-maintained and ideally situated near local amenities, this property combines practicality with profitability, offering both stability and potential growth in occupancy. Whether you're an investor seeking steady income or looking to expand a rental portfolio, this multifamily home promises value and convenience in an appealing, tenant-friendly location.
Property Facts
| Price | $1,150,000 | Building Class | C |
| Price Per Unit | $127,778 | Lot Size | 0.63 AC |
| Sale Type | Investment | Building Size | 7,125 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 2.11/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,150,000 |
| Price Per Unit | $127,778 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 7,125 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 2.11/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
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Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | WOON-000008B-000044-000018 | Improvements Assessment | $673,000 |
| Land Assessment | $90,500 | Total Assessment | $763,500 |
PROPERTY TAXES
Parcel Number
WOON-000008B-000044-000018
Land Assessment
$90,500
Improvements Assessment
$673,000
Total Assessment
$763,500
zoning
| Zoning Code | R3 |
| R3 |
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3 Highland St
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