0 4th Ave, Woonsocket, RI 02895
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$449,900
0.37 Acre
Residential
1 Lot
Zoning: N/A
HOA: N/A

Property Description

EASY APPROVALS - PRIME INVESTMENT & DEVELOPMENT OPPORTUNITY!!! In the heart of Woonsocket, this vacant lot, currently utilized as half of a parking area, is ready for transformation into a 15-unit, 1-bedroom apartment or condominium complex. This lot is proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments with an impressive avg rent of $2,100 per unit. The surrounding community is thriving, with access to major highways, incl Route 146 and I-295, offering quick connections to both Providence, RI & Worcester, MA. Woonsocket’s proximity to the MA border makes it an ideal location for attracting tenants who work in both RI and MA. The area offers a variety of shopping, dining & recreational options, making it an ideal choice for residents. Seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision!

Property Details tap to expand

Land Information

  • Land Description: Cleared|Corner|Gentle Slope
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Private School, Public School, Public Transportation, Shopping
  • Improvements: Sidewalks
  • Road Type: City Street, Paved, Public, Publicly Maint., Sidewalk
  • Pasture Acres: 0.00
  • Cultivation Acres: 0.00
  • Timber Acres: 0.00

Utilities

  • Water: At Street, Individual Well
  • Sewer: At Street, Pumice Wick
  • Electric Info: 220 Volts, At Street
  • Gas: At Street

Other Information

  • Last Updated: 01/24/25
  • HOA: No
  • Reqd Own Association: Unknown

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/24/2025Active$449,900MLSPIN
01/20/2025Price Change$449,900MLSPIN
12/30/2024Active$550,000MLSPIN
12/26/2024Price Change$550,000MLSPIN
12/06/2024Active$545,000MLSPIN
12/02/2024Price Change$545,000MLSPIN
11/05/2024Active$595,000MLSPIN
11/01/2024New$595,000MLSPIN
11/01/2024Canceled$645,000MLSPIN
10/28/2024Active$645,000MLSPIN
10/24/2024New$645,000MLSPIN

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Seller's Representative: Emilio DiSpirito, Engel & Volkers East Greenwich
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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MLS PIN data last updated at 2025-01-24 03:05:00

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