0 4th Avenue

Woonsocket, RI 02895

$550,000
Price
16,182 / 0.37
Lot Size / Acres

Description

Easy approvals & development opportunity! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive...Easy approvals & development opportunity! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive average rent of $2,100 per unit, this site presents a golden opportunity to tap into a proven and flourishing rental market. Capitalize on the neighboring developer's hard work and leverage this prime spot in an up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!
  1. Listed by The DiSpirito Team • Brokerage DRE #REB.0019090 • Engel & Volkers
    P: (401)-244-8355 kaycee.oares@evrealestate.com

Property Details for 0 4th Avenue

Subdivision Name
America First - Fairmount
LISTING UPDATED: 01/07/2025 08:06 AM

Property Details for 0 4th Avenue

StatusActive
MLS #1372065
Days on Market67
Taxes$2,079 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.37 AC
CountyProvidence County

Building Information for 0 4th Avenue

Lot Size0.37 AC

Property Information for 0 4th Avenue

Summary
Location and General Information
  • City: Woonsocket
  • Community Features: Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Street Lights
  • Postal City: Woonsocket
  • Postal Code: 02895
  • Road Frontage Type: City Street
  • State Or Province: RI
  • Topography: Cleared,Level
  • Zoning Description: Condominium,Multi-Family,Residential
  • Human Modified Y N: Yes
Taxes and HOA Information
  • Tax Annual Amount: $2,079.00
  • Tax Assessed Value: 148700
  • Tax Lot: 13
  • Tax Map Number: 3
  • Tax Year: 2023
Property
Lot Information
  • Frontage Length: 256
  • Lot Features: Corner Lot, Paved, Level
  • Lot Size Acres: 0.3715
  • Lot Size Area: 16182.0
  • Lot Size Square Feet: 16182.0
  • Lot Size Units: Square Feet
  • Parcel Number: 0FOURTHAVWOON
  • Stories Total: 0
Property and Assessments
  • Development Status: Finished Lots
  • New Construction Y N: No
  • Property Type: Land
  • Senior Community Y N: No
  • C L I P: 2,699,969,995
Utilities
  • Sewer: Sanitary, Storm Sewer
  • Utilities: Electricity Available, Fiber Optic Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
Interior Features
  • Bathrooms Total Integer: 0
  • Wooded Area: 0.0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 0 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 4th Avenue

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Kevin K. Coleman School
Public - K to 5
Woonsocket Middle @ Villa Nova
Public - 6 to 8
Woonsocket High School
Public - 9 to 12
Globe Park School
Public - PK to 5
Rating
School
Distance
Kevin K. Coleman School
PublicK to 5

Woonsocket Middle @ Villa Nova
Public6 to 8

Woonsocket High School
Public9 to 12

Globe Park School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Homes for Sale near Fairmount

Neighborhoods

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ZIPs

More information about 0 4th Avenue, Woonsocket, RI 02895

0 4th Avenue is a 0.37 ac of land for sale in Woonsocket, RI 02895. This property was listed for sale on November 1, 2024 by Engel & Volkers, it's currently listed at $550,000. This listing's school district is Woonsocket School District. Nearby schools include Kevin K. Coleman School, Woonsocket Middle @ Villa Nova and Woonsocket High School. 0 4th Avenue is a 0-bed, 0-bath, 0.37 ac of land on a 16,182 sq. ft. / 0.37 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.