$459,900
About this home
Investment opportunity! Exceptionally well-maintained by the same owner for over 40 years, this solid 2-family property offers immediate income with long-term tenants already in place who would love to stay. Both spacious units feature approximately 999 sq. ft. with 2 bedrooms, clean kitchens each featuring painted tin ceilings for turn of the century fire protection and charm, and a combination of laminate, vinyl, and carpet flooring. Separate gas and electric utilities, plus a house meter for the common basement, make management simple. A common washer and dryer are available for tenant use. Outside, enjoy an extremely low-maintenance vinyl exterior, detached one-car garage, parking for four additional vehicles, and a modest yard. Major capital improvements have already been completed, including a young roof, heating systems approximately 3 months and 10 years old, and hot water tanks just 3 months and 3 years old, providing peace of mind for years to come. The seller will obtain lead certificates prior to closing. With below-market rents offering excellent future upside and nearly 2,000 sq. ft. of living space, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build long-term wealth.
Property details
- MLS #
- 1419095
- Property type
- Multi Family
- Subdivision
- Fairmount
- Status
- Active
- Days on market
- 14
- On market date
- July 28, 2026
- Stories
- 2
- Total bathrooms
- 2
- Garage spaces
- 1
- Parking spaces
- 5
- Lot size
- 0.13 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 247
- Student:teacher ratio
- 13.7:1
- District
- Woonsocket
- Enrollment
- 160
- Student:teacher ratio
- 13.3:1
- District
- Beacon Charter School
- Enrollment
- 217
- Student:teacher ratio
- 13.6:1
- District
- Beacon Charter School
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 12 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.