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
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