558 East School Street Woonsocket, RI $ 565,000
558 East School Street
$ 565,000
Recently Listed
Share Save

558 East School Street

Woonsocket, RI, 02895
$ 565,000
Bedrooms-- Baths-- Sq 4,825

Monthly Estimate*

$ 3,567

558 East School Street, Woonsocket, RI 02895 - Image 1
558 East School Street, Woonsocket, RI 02895 - Image 2
558 East School Street, Woonsocket, RI 02895 - Image 3
558 East School Street, Woonsocket, RI 02895 - Image 4
558 East School Street, Woonsocket, RI 02895 - Image 5
558 East School Street, Woonsocket, RI 02895 - Image 6
558 East School Street, Woonsocket, RI 02895 - Image 7
558 East School Street, Woonsocket, RI 02895 - Image 8
558 East School Street, Woonsocket, RI 02895 - Image 9
558 East School Street, Woonsocket, RI 02895 - Image 10
558 East School Street, Woonsocket, RI 02895 - Image 11
558 East School Street, Woonsocket, RI 02895 - Image 12
558 East School Street, Woonsocket, RI 02895 - Image 13
558 East School Street, Woonsocket, RI 02895 - Image 14
558 East School Street, Woonsocket, RI 02895 - Image 15
558 East School Street, Woonsocket, RI 02895 - Image 16
558 East School Street, Woonsocket, RI 02895 - Image 17
558 East School Street, Woonsocket, RI 02895 - Image 18
558 East School Street, Woonsocket, RI 02895 - Image 19
558 East School Street, Woonsocket, RI 02895 - Image 20
558 East School Street, Woonsocket, RI 02895 - Image 21
558 East School Street, Woonsocket, RI 02895 - Image 22
558 East School Street, Woonsocket, RI 02895 - Image 23
558 East School Street, Woonsocket, RI 02895 - Image 24
558 East School Street, Woonsocket, RI 02895 - Image 25
558 East School Street, Woonsocket, RI 02895 - Image 26
558 East School Street, Woonsocket, RI 02895 - Image 27
558 East School Street, Woonsocket, RI 02895 - Image 28
558 East School Street, Woonsocket, RI 02895 - Image 29
558 East School Street, Woonsocket, RI 02895 - Image 30
558 East School Street, Woonsocket, RI 02895 - Image 31
558 East School Street, Woonsocket, RI 02895 - Image 32
558 East School Street, Woonsocket, RI 02895 - Image 33
558 East School Street, Woonsocket, RI 02895 - Image 34
558 East School Street, Woonsocket, RI 02895 - Image 35
558 East School Street, Woonsocket, RI 02895 - Image 36
558 East School Street, Woonsocket, RI 02895 - Image 37
558 East School Street, Woonsocket, RI 02895 - Image 38
558 East School Street, Woonsocket, RI 02895 - Image 39
558 East School Street, Woonsocket, RI 02895 - Image 40
558 East School Street, Woonsocket, RI 02895 - Image 41

Commercial Property for sale in Woonsocket, RI

for $565,000. This 4,825 square foot building was built in 1900 on a lot size of 0.04.

Excellent investment opportunity! This 5-unit brick apartment building offers a great addition to any investment portfolio. The property consists of one 2-bedroom unit and four 1-bedroom units, with each apartment including a range and refrigerator. Additional features include a roof approximately 5 years old, vinyl replacement windows, natural gas heat and hot water, separately metered gas and electric, coin-operated washer and dryer, and a fully fire-coded building. The owner currently pays all utilities, presenting an opportunity for future expense management and potential increased cash flow. The durable brick exterior offers the benefit of lower-maintenance ownership. Conveniently located near shopping, restaurants, public transportation, and everyday amenities. With a strong rental history and income-producing potential, this property is an excellent opportunity for both seasoned and first-time investors.

See more

Commercial Active

Price

$ 565,000

Property Type

Commercial

Taxes

$ 7,016

Style

Lot Size

0.04

Year Built

1900

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1423203

Features
General
Sewer Connected Sanitary
Heating Baseboard Hot Water Zoned
Cooling None
Utilities Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected
Possession Negotiable
Zoning R4
Security Features Carbon Monoxide Detector(s) Fire Alarm Fire Escape Smoke Detector(s)
Construction Materials Brick
Year Built 1900
Electric 100 Amp Service Circuit Breakers
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2026
Gross Income 68400
Business Type Residential
Community Features Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Street Lights Sidewalks
County Providence
Net Operating Income 39510
Insurance Expense 5671
New Construction false
Property Type Commercial Sale
Subdivision Name Social
Possible Use Multi-Family Residential
Status Active
City Woonsocket
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 1865
Number of Units Leased 4
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 7016
Electric Expense 4656
Fuel Expense 3858
Trash Expense 1703
Water Sewer Expense 2569
Lease Considered Y/N false
Structure Type Apartment Multi Family
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 329400
Tax Lot 21-22
Cap Rate 7
See more
Interior
Basement None
Furnished Y/N Unfurnished
Total Stories 3
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Common Area
Total Baths 0
See more
Exterior
Water Source Connected Public
Total Parking 1
Lot Size Area 1865
Foundation Details Brick/Mortar Slab
Number of Buildings 1
Building Area Total 4825
Lot Size Acres 0.04
Road Surface Type Asphalt Paved
Frontage Length 36
Road Frontage Type City Street
See more
* Excluded Features
List By
Re/Max Town & Country

Broker

Info@BlanchetGroup.com

Email

Affordability Calculator

$4,152
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,567
Monthly Property Taxes
$585
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$565,000 Listed Price

Map


See all

558 East School Street, Woonsocket, RI, 02895 is a Commercial Property for sale at $565,000 with 4,825 sqft and a lot size of 0.04. 558 East School Street was built in 1900. The property's zip code is 02895 which is in Woonsocket, RI