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.
Some nearby schools may not be within this home's attendance zone. Please check the Woonsocket School District website to verify.
Kevin K. Coleman School
Public K-5 • 0.2mi
3/10
Harris School
Public K-5 • 0.8mi
3/10
Founders Academy
Charter 6-8 • 0.9mi
2/10
Provided by GreatSchools
About
Fairmount
Fairmount, located between Downtown Woonsocket and the Blackstone River corridor, is a residential and hillside Woonsocket neighborhood with mill-era streetscapes and pocket green spaces. The neighborhood’s character concentrates around the Fairmount Avenue and Social Street area, where corner storefronts and everyday services give the blocks a lived-in rhythm. Triple-deckers and compact single-family homes mix with older brick buildings, creating a walkable, close-grained feel on sloping streets. River views and short climbs shape the geography, with stair-stepped blocks and small overlooks. Stadium Theatre and Museum of Work & Culture anchor nearby nights out and local history. The Blackstone River Bikeway adds a linear outdoor thread for rides and strolls.
Provided by Walk Score and Local Logic
Offer insights
419 Fairmount St · $459,900
$478K and above
75% chance or better to win
Why $478K+ is a strong offer
DAYS ON MARKET
30 days
The average home goes pending in 19 days.
SALE-TO-LIST
101.8%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Attic with permanent attic stairs
Interior steps
Tub with shower
Accessibility features
Low-pile carpet
Bedrooms
Two 2-bedroom units (one on first floor, one on second floor)
Bathrooms
Two full bathrooms (one in each unit)
Kitchen
Oven
Range
Refrigerator
Laundry & utility
Common area laundry
Washer
Dryer
Gas water heater
Water heater
Flooring
Laminate
Vinyl
Carpet
Heating & cooling
Baseboard heating
Gas heating
Hot water heating
Exterior features
Paved driveway
Yard on a 0.13-acre lot
Home design
Two-story multi-unit building
Single building with 2 units
Parking
Detached garage
Total parking for 5 vehicles
One covered parking space
Construction
Wood siding and vinyl siding exterior
Drywall and plaster interior walls
Brick/mortar and stone foundation
Built area above grade 1,998
Utilities
Public water (connected)
Public sewer (connected)
Electric service with separate meters, 100 amps, 110V and 220V, circuit breakers
HOA & community
Community offers nearby golf, pool, tennis courts, public transportation, shopping, restaurants, recreation area, sidewalks, highway access, hospital access, and schools
Financial info
Operating expenses reported: $9,369
Tenants pay hot water
Electricity and solar
View estimated energy costs and solar savings for this home