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40 Paradis Ave, Woonsocket, RI, 02895

$520,000

Home List Price

$6,175*

Closing Credit

8 Bedrooms
3 Full Baths, 1 Partial
Multi

Location

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40 Paradis Ave, Woonsocket$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingBaseboard, Natural Gas, Steam
CoolingWindow Unit(s)
BasementYes
MLS #1367792
Lot Size0.12 Acres
StatusActive

About 40 Paradis Ave

Nestled in the heart of Woonsocket, this charming three-unit property offers a unique blend of classic architecture and modern convenience. Each unit boasts spacious living areas, updated kitchens, and ample natural light, providing a comfortable and inviting atmosphere for tenants. The property is well-maintained, with a lovely exterior and landscaped common areas, making it a standout in the neighborhood. Located just minutes from local shops, dining, and public transportation, this property is ideal for investors seeking a solid rental income or homeowners looking to offset their mortgage with additional rental revenue. Don't miss the opportunity to own this versatile and appealing multi-family home in a prime location. (Learn how to get a lower rates by contacting the listing agent today!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Ocean Blue Realty
  • Office Phone: (401) 865-0224

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Tub Shower, Cable TV

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Steam
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000

Tax Information:

  • Annual Amount: $3,736
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Woonsocket, RI.

Med. Sold Price

$400K

Med. Price/SqFt

$223

Avg. Days On Market

25

# of Sold Homes

43

40 Paradis Ave vs Woonsocket

2 DAYS ON ROCKET

-23 Days

$520,000

+$120K More

KEY TAKEAWAY

This property is $120K more than the Median Sold Price in Woonsocket, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1367792

Listing Office:

  • Office Name: Ocean Blue Realty
  • Office Phone: (401) 865-0224

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2021Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,736$157,300
2018$3,788$157,300
2017$4,455$148,000

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1091686
5
/10
  • Bernon Heights School

  • 657 Logee St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-1091687
3
/10
  • Harris School

  • 60 High School St

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-1091688
3
/10
  • Kevin K. Coleman School

  • 96 2nd Ave

  • 1.02 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,184. The majority of Woonsocket, RI residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Woonsocket, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Woonsocket, RI.

Woonsocket's housing market is characterized by a blend of historical and contemporary styles, with a significant presence of Victorian and Colonial homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, multi-family residences, and apartment complexes. While single-family homes are prevalent, there is also a substantial number of multi-family units that cater to various housing needs. The homeownership rate in Woonsocket is around 40%, with the remaining 60% of residents opting to rent, indicative of a strong rental market.

What is it like to live in Woonsocket, RI?

Woonsocket is celebrated for its vibrant history and cultural heritage, with a community that prides itself on its strong sense of identity. The city's character is shaped by its historical architecture, local arts scene, and annual events like the Autumnfest that bring the community together. Residents enjoy a variety of local attractions, including the Museum of Work and Culture, which pays homage to the city's industrial past.

Is it easy to get around Woonsocket, RI without a car?

The community is served by a network of public services that includes several public schools, healthcare facilities, and a public library system. Woonsocket's educational landscape comprises elementary, middle, and high schools, as well as options for higher education in nearby areas. Healthcare services are accessible through local clinics and a regional hospital that provides emergency care and specialized treatments. Retail and dining options are plentiful, with a mix of national chains and local establishments that reflect the city's diverse cultural makeup.

Transportation in Woonsocket, RI.

Transportation in Woonsocket is facilitated by a combination of public bus services and a network of major roads that connect the city to the rest of Providence and neighboring states. The public transit system offers routes that cover key areas of the city, with varying schedules to accommodate commuters. Woonsocket's walkability varies by neighborhood, with some areas being more pedestrian-friendly than others. The city's infrastructure also supports cycling, with bike lanes present in certain parts. While ride-sharing services are commonly used, specific brands are not mentioned to maintain neutrality.

Rocket HomesRhode IslandProvidence CountyWoonsocket0289540 Paradis Ave

This home is located at 40 Paradis Ave in Woonsocket, RI and zip code 02895. This home, which was built in 1900, sits on a 0.12 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $520,000.

In August 2024, from all listings sold in Woonsocket, RI there were more than 25 sold above asking price, over 8 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Woonsocket, RI between July 2024 and August 2024 increased by 3.3%. In August 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $400,000.

From Rocket Homes Real Estate and based on county public records data.

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