79 Hamlet Avenue Woonsocket, RI $ 595,000
79 Hamlet Avenue
$ 595,000
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79 Hamlet Avenue

Woonsocket, RI, 02895
$ 595,000
Bedrooms-- Baths-- Sq 3,150
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Property for Rent in Woonsocket, RI

for $595,000. This 3,150 square foot property was built in 1920 on a lot size of 0.18.

Fantastic investment opportunity in Woonsocket! This well-maintained five-unit residential building features four updated 1-bed/1-bath units and one spacious 3-bed/1-bath unit, all renovated in 2019 and offering strong rental appeal. Tenants are month-to-month, providing excellent flexibility for future rent increases or repositioning. The property generates solid in-place income with additional upside potential, making it ideal for both new and seasoned investors. Efficient operating costs, security deposits in place for all units, and a history of stable occupancy make this asset easy to manage. Located in a convenient and high-demand area of Woonsocket close to shops, restaurants, and major routes. A turnkey multifamily with immediate cash flow and room to grow don't miss this opportunity to add a strong performer to your portfolio.

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Rental Active

Price

$ 595,000

Taxes

$ 8,635

Style

Lot Size

0.18

Year Built

1920

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1400405

Features
General
Sewer Connected
Heating Hot Water
Cooling None
Utilities Sewer Connected
Possession Close Through 45 Days Immediately
Year Built 1920
Electric 200+ Amp Service
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2025
Business Type Residential
County Providence
Net Operating Income 52774
New Construction false
Property Type Commercial Sale
Status Active
City Woonsocket
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 7841
Number of Units Leased 5
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 8635.02
Virtual Tour https://tour.RiLiving.com/79-Hamlet-Avenue-Woonsocket-RI-02895
Lease Type Gross
Standard Status Active
Tax Assessed Value 405400
Tax Lot 87
Ownership Type LLC
Taxes 3150
Cap Rate 8.44
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Interior
Basement Full
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Water Source Connected
Total Parking 6
Lot Size Area 7841
Number of Buildings 1
Building Area Total 3150
Lot Size Acres 0.18
Road Surface Type Asphalt
Frontage Length 50
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

rileywhite@kw.com

Email

Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
1/19/2026$595,000 -4.80% Price Down
11/18/2025$625,000 Listed Price

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79 Hamlet Avenue, Woonsocket, RI, 02895 is a Property for Rent at $595,000 with 3,150 sqft and a lot size of 0.18. 79 Hamlet Avenue was built in 1920. The property's zip code is 02895 which is in Woonsocket, RI