214 Burnside Avenue Woonsocket, RI $ 995,000
214 Burnside Avenue
$ 995,000
Recently Listed
Open House 10/2 5pm - 6pm
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214 Burnside Avenue

Woonsocket, RI, 02895
$ 995,000
Bedrooms-- Baths-- Sq 6,856

Monthly Estimate*

$ 6,283

214 Burnside Avenue, Woonsocket, RI 02895 - Image 1
214 Burnside Avenue, Woonsocket, RI 02895 - Image 2
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214 Burnside Avenue, Woonsocket, RI 02895 - Image 4
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214 Burnside Avenue, Woonsocket, RI 02895 - Image 8
214 Burnside Avenue, Woonsocket, RI 02895 - Image 9
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Commercial Property for sale in Woonsocket, RI

for $995,000. This 6,856 square foot building was built in 1900 on a lot size of 0.16.

$133,800 in annual scheduled rental income. 212 214 Burnside offers investors a high-income-producing six-unit multifamily opportunity generating $11,150 per month. The income profile stands out against current six-unit Woonsocket alternatives. The property features all newly rent-readied, fire coded, lead safety compliant units, offering a turnkey opportunity with the heavy lifting already completed. Additional highlights include on-demand hot water system, gas heating, ample off-street parking, new asphalt and on-site coin-operated laundry, providing tenant convenience and additional income potential. Offered at $995,000, the property equates to approximately $165,833 per unit and a 7.44x gross rent multiplier. With strong existing rents, improved units, parking, and on-site laundry, 212 214 Burnside presents a compelling opportunity for investors seeking immediate cash flow and a stabilized multifamily asset in Woonsocket. *Tenant is responsible for Electric, Gas, and Other Personal Utilities (Water and Sewer Included)

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Open House

10/2/2026 5:00 PM - 6:00 PM
10/3/2026 12:00 PM - 1:00 PM
214 Burnside Avenue Woonsocket, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 10,939

Style

Lot Size

0.16

Year Built

1900

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1424574

Features
General
Sewer Connected Public Sewer
Heating Baseboard Forced Air
Cooling None
Utilities Sewer Connected
Possession Immediately Negotiable Rental Agreement
Zoning R4
Security Features Carbon Monoxide Detector(s) Fire Alarm Smoke Detector(s)
Year Built 1900
Electric 150 Amp Service Circuit Breakers
Property Subtype Commercial
Tax Year 2025
Gross Income 133800
Business Type Other
Community Features Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping
County Providence
New Construction false
Property Type Commercial Sale
Possible Use Multi-Family
Status Active
City Woonsocket
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 6970
Land Lease Y/N false
Tax Annual Amount 10939
Virtual Tour https://tour.RiLiving.com/214-Burnside-Avenue-Woonsocket-RI-02895--1424574
Structure Type Apartment
Standard Status Active
Tax Assessed Value 504800
Tax Lot 36L
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Interior
Basement Full
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 6
Lot Size Area 6970
Foundation Details Brick/Mortar Combination Concrete Perimeter
Number of Buildings 1
Building Area Total 6856
Lot Size Acres 0.16
Frontage Length 30
Road Frontage Type City Street
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* Excluded Features
List By
Bond Brokerage

Broker

martonemoves@gmail.com

Email

Affordability Calculator

$7,194
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,283
Monthly Property Taxes
$912
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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$995,000 Listed Price

Map


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214 Burnside Avenue, Woonsocket, RI, 02895 is a Commercial Property for sale at $995,000 with 6,856 sqft and a lot size of 0.16. 214 Burnside Avenue was built in 1900. The property's zip code is 02895 which is in Woonsocket, RI