#1373505, Listing Office: RE/MAX Properties
786 Social St Woonsocket, RI 02895
Property details
About 786 Social St
786 Social is a high-performing six-unit asset generating a strong $11,925/month ($143K annually), consisting of (1) 4-bed/2-bath, (1) 3-bed/2-bath, and (4) 3-bed/1-bath units. Each unit has its own washer & dryer, balcony, and spacious living area. With separate electric and gas meters (paid by tenants) and trash removal covered by the city, this is a low-expense property. The asset consists of two 3-unit buildings on one parcel, both having undergone extensive upgrades, including new roofs, siding, electrical, kitchens, bathrooms, flooring, and appliances. Offering a blend of turnkey and value-add potential, this property provides immediate & significant positive cash flow with no work required, while still allowing for additional renovations to further increase revenue. Large, clean basements offer potential storage income, and there's upside potential for condo conversions. An appraisal valued the property at $1.25M, which we have in hand. Financials available.
Highlights
Summary
- MLS Number: 73335306
- MLS Name: MLS Property Information Network
- Office Name: John Slyman
- Office Phone: (508) 330-0325
- Listing Agent: John Slyman
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Last updated on: 2/21/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
786 Social St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Rise Preparatory Mayoral Academy Ele
Public Charter KG-4
0.2 mi
•30 Cumberland St
3
Harris School
Public District KG-5
0.7 mi
•60 High School St
5
Bernon Heights School
Public District KG-5
1.3 mi
•657 Logee St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,848. The most common annual income of people living in Woonsocket, RI is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
Living in Woonsocket, RI
About 786 Social St
This home is located at 786 Social St in Woonsocket, RI and zip code 02895. This 7,368 square foot home, which was built in 1910, sits on a 0.18 acre lot. Features: 19 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $1,250,000.
In January 2025, from all listings sold in Woonsocket, RI there were more than 8 sold above asking price, over 14 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Woonsocket, RI decreased by 2.7% between December and January 2025. While the average time on the market in January 2025 was 40 days, the median list price was $415,000.