CCertihomes
530 River, Woonsocket, RI 02895

$394,900

5 beds 2 baths Built 1910Active

About this home

Investors, 1031 Exchange Buyers, or Business owners. Here is the property for you. Two (2) buildings on One (1) lot. A vacant mixed use building with a second building offering a remodeled 2 family unit! The 2 Family building offers an updated first floor 1 bed, 1 bath, eat-in kitchen and living room unit, second updated unit is a townhouse style offering 3 bedrooms with a possible 4 bedroom, 1 bath, eat-in kitchen, and living room. Roof only 5 months old, vinyl sided, 2 separate heating systems, 2 separate electrical panels, replacement windows, with newer rear decks. Tenants are long term and would love to stay. The 2nd Building is currently being used as storage, and is considered Mix-Use but would be a great location for an office, laundromat, hair salon, or how about making additional residential units, now you would have 4 units on this property.. Parking is located in the rear of the building. Zoned MU4. Buyer and Buuers agent to do their diligance

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$4,301/mo

Real estate (PITI + HOA + PMI)
$3,409
Principal + interest$2,544
Property tax + insurance$717
PMI / 2nd mortgage$148
Utilities
$1,608
Heating + cooling$651
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$4,301/mo TLC
Budget$5,000/mo
Remaining after TLC$699/mo
Purchase price
$394,900
Down payment
$19,745 (5%)
Loan amount
$375,155
APR
7.19%

Quick facts

Type
Rental
Style
Year built
1910
Lot size
0.0523 ac
Stories
2
Heating
Natural Gas, Baseboard, Forced Water
Cooling
None
Water
Connected, Municipal
HOA
Annual tax
$2,920
MLS #
1350208
County
Providence

At a glance

Basement

Home features

Appliances
Gas Water HeaterOven/RangeRefrigerator
Interior
StairsWalls: Dry WallPlumbing: MixedInsulation: CeilingFloorsWalls
Exterior
Deck
Parking
No Garage
Fireplace
None
Flooring
Laminate, Vinyl, Carpet
Sewer
Connected, Public Sewer

Lot features

Fenced, Sidewalks

Neighborhood — 02895

MetricThis ZIPCountyUSA
Population45,4401,095,423299,088,112
Population Change Since19902.00%9.00%20.00%
Population Density5,676994
Male21,736529,266147,432,321
Female23,704566,157151,655,844
Never Married11,009266,40463,775,926
Married15,768435,678123,120,365
Separated2,03843,64212,639,686
Widowed3,27866,66815,467,586
Divorced4,06583,84323,075,029
Number Of House Hold18,553410,399111,826,380
Average House Hold Size2.372.562.60
Medial Age35.3537.2735.46
Median House Hold Income$34,474$47,553$48,276
Average House Hold Income$42,753$61,609$63,629
P C I$18,397$23,965$24,529
M D I$30,455$40,634$41,133
A T H E$39,466$49,940$50,898
S T R7.00%7.00%
W C J83.03%78.02%77.74%
(Zip) Code
2895

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 12/31/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

530 River · Woonsocket — $394,900 · Certihomes