668 Grove Street
Property Description
668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6-6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer. Recent capital improvements - including four new hot water tanks - help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units. With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay. Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P&L or financial information being shared. All reasonable offers will receive consideration.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $659,000 |
| No. of Units: | 4 |
| Year Built: | 1922 |
| Lot Size: | 7,808.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $164,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-SWMLSRI-1422169
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
8 Marcello Street
Providence, Rhode Island
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout