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58 Harrison Avenue

Leo Ribeiro Purchases Multifamily Property At 58 Harrison Avenue Woonsocket From Pete Dufresne For $1.63M
SOLDMultiFamily

Leo Ribeiro Purchases Multifamily Property At 58 Harrison Avenue Woonsocket From Pete Dufresne For $1.63M

58 Harrison Avenue

$1,630,000

$132/SF

Building Size

12,336 SF

Asset Type

MultiFamily

Closing

Dec 16, 2025

AI

The asset involved in this transaction is a multifamily property located at 58 Harrison Avenue in Woonsocket, RI. The property was sold for $1,630,000 and consists of 12 units, offering a price per unit of $135,833. The total square footage of the property is 12,336, which translates to a price per square foot of $132.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,630,000
  • Buyer: Leo Ribeiro
  • Seller: Pete Dufresne
  • Broker: Josh Morris - New England Apartment Group
  • Units: 12
  • Total Square Footage: 12,336
  • Price Per Unit: $135,833
  • Price Per Square Foot: $132

The key individuals involved in this transaction include Leo Ribeiro as the buyer and Pete Dufresne as the seller, with Josh Morris representing the seller through New England Apartment Group. The deal reflects an active engagement in the multifamily real estate market in the Woonsocket area.

Players

Josh Morris

New England Apartment Group

Broker

$21.5M

vol

5 deals

Broker
New England Apartment Group
New England Apartment GroupBrokerage

Woonsocket MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.73%

Cash-on-Cash

-2.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93