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Listed by Steven Gillikin of HomeSmart Professionals
This good size legal 2 family is priced to move in this market. Units have 2 bedrooms each. The overall condition is fair. Updating is needed. The 2nd floor unit is in much better condition than the 1st. The 3rd floor is 80% partially finished attic space. It was used at one time as another rental unit but was not legal and is empty now with the kitchen removed. Bath was finished but is not now. It has plumbing for full bath on the 3rd. Attic could be added to the 2nd floor to make a big townhouse unit for higher rents. It's located near the end of a dead end street. Vacant commercial land across the street. See attached files for legal info. Is ONLY permitted 2 family even though tax records indicate 3 units. Roof looks to be in ok shape. Parking is in the rear. NEW 6' wood stockade fence across the back of the lot. Seller is willing to pay ALL lender allowed buyer closing cost depending on offer price. The Seller is ALSO willing to work with any FHA buyers if there are items needed to be repaired in order to qualify for FHA financing. Real estate taxes are based on non occupant rate so actual taxes are higher than what an owner can get once recorded with the city. Property abuts the Woonasquatucket River and is in a flood zone and required flood insurance.

Property Details of 42 DeSoto ST, Olneyville off Valley St

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