341 Burnside Avenue, Woonsocket, RI 02895
- Beds
- 18
- Baths
- 6
- Sqft
- 7,740
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 3
- 0
Overview
This is a chance to own (6) 3-bedroom residential units and (1) stand-alone commercial building [1,056 sq. ft.] with a successful family-owned business that has thrived for decades. Multiple financing options available. Pete's Bait Shop is being sold with a history of success within the fishing community. Inquire for more information on business financials. The (6) residential units each span 1,110 +/- sq. ft, and are currently all rented. Current rents are below market. Proforma rent per unit is conservatively $1,400-1,700 per unit ($100,800-$122,400 annually) with minimal updating needed to obtain these proforma numbers. Not included in our valuation is the 4-bay garage that is large enough for 6 cars, nor does it include income from the existing business. Market rent for the commercial unit is between $2,000-$3,000 per month.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 18
- Number of bathrooms
- 6
- Square feet
- 7,740
- Lot size (acres)
- 0.26
- Year built
- 1900
Interior features
- Basement
- Yes, Unfinished
Garage and parking
- Garage parking spaces
- 6
Utilities
- Heating
- Natural gas, Baseboard, Space heater
- Cooling
- None
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2023)
- $11,140
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: StateWide MLS MLS®#: 1379537 Last checked: …

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