$449,900

0 Fourth Avenue , Woonsocket, RI 02895

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:Unknown
Year Built:--
Listing Status:Active

Listing Agent

The Dispirito Team
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

EASY APPROVALS & DEVELOPMENT OPPORTUNITY!!! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive average rent of $2,100 per unit, this site presents a golden opportunity to tap into a proven and flourishing rental market. Capitalize on the neighboring developer's hard work and leverage this prime spot in an up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!

Detailed Items

Other Information

0 Fourth Avenue, Woonsocket, RI, 02895 is a land listing of 0 sqft on a lot of Unknown. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property0 Fourth Avenue, Woonsocket, RI
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