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$699,800
Total Beds: 12 Total Baths: 4
Total Units: 4 SQFT: 5978
LOT size: 0.15 Acres
125 Elm Street
Woonsocket, RI 02895
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Property Description

This listing consists of two abutting 2 family properties being sold together for a total of 4 units: 125-127 Elm Street and 7-9 Gaulin Avenue. Spacious and well-maintained properties with excellent rental history and cash flow. All units feature separate electric and gas utilities for tenants to pay. Also available as a portfolio sale of 13 total units with 9 additional units located at 133-121-125 Church Street. See MLS# 73345997.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 4
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Partially Finished, Unfinished Basement, Walk Out
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available
  • Gross Operating Income: 68905
  • Gross Expenses: 27447
  • Electric Expenses: 3400
  • INSC: 2358
  • Repairs & Maintenance: 5200
  • Management Fee: 3845
  • Miscellaneous Expense: 750
  • Net Operating Income: 41458

Utilities

  • Heat Zones: 4
  • Electric Info: 100 Amps, 220 Volts, At Street, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Energy Features: Insulated Doors, Insulated Windows, Storm Windows
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, for Gas Dryer, for Gas Oven, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73346010
  • Last Updated: 03/20/25

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Map

Seller's Representative: Michael Russo, NE Real Estate Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-03-20 03:05:00