CCertihomes
51 Cato, Woonsocket, RI 02895

$399,000

7 beds 3 baths Built 1880Active

About this home

Investors and Owner Occupied Buyers! Great opportunity with this unique 4 level, 2-unit multifamily property, bursting with potential and ready to add tremendous value to your portfolio or living experience with the 1st floor storage once used as a bar and a 4th floor partially finished attic. The property features 7 bedrooms, 2.5 bathrooms. The first unit, formerly a bar, now serves as extra storage with a half bath, offering versatile options for customization. The partially finished fourth floor, is awaiting your vision to transform it into a valuable asset. Newer roof, vinyl siding and windows, two Navien heating systems, PVC plumbing, updated flooring and modern color scheme. Utilities separated and paid by tenant. The perfect investment opportunity or a home owner occupied home. One apartment can be delivered vacant. Don't let this remarkable opportunity slip away—schedule your showing today and unlock the full potential of this exceptional property! Open House: Saturday 12:30pm-2pm Sunday 10:00am-12pm

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
$4,551/mo

Real estate (PITI + HOA + PMI)
$3,533
Principal + interest$2,570
Property tax + insurance$813
PMI / 2nd mortgage$150
Utilities
$1,864
Heating + cooling$779
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$4,551/mo TLC
Budget$5,051/mo
Remaining after TLC$500/mo
Purchase price
$399,000
Down payment
$19,950 (5%)
Loan amount
$379,050
APR
7.19%

Quick facts

Type
Rental
Style
Year built
1880
Lot size
0.06 ac
Stories
4
Heating
Natural Gas, Baseboard
Cooling
None
Water
Municipal
HOA
Annual tax
$3,697
MLS #
1360421
County
Providence

At a glance

Basement

Home features

Interior
Walls: Dry Wall
Parking
No Garage
Flooring
Ceramic Tile, Hardwood, Vinyl
Sewer
Public Sewer

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

Open in Google Maps →
RI & State Wide MLS

Listing information last refreshed 5/30/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

51 Cato · Woonsocket — $399,000 · Certihomes