247 Blackstone Street Woonsocket, RI $ 685,000
247 Blackstone Street
$ 685,000
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247 Blackstone Street

Woonsocket, RI, 02895
$ 685,000
Bedrooms-- Baths-- Sq 2,674

Monthly Estimate*

$ 4,731

247 Blackstone Street, Woonsocket, RI 02895 - Image 1
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Commercial Property for sale in Woonsocket, RI

for $685,000. This 2,674 square foot building was built in 1900 on a lot size of 0.2.

Exceptional investment opportunity! This well maintained five-unit multifamily property has undergone extensive renovations within the past two years, offering an excellent opportunity for investors seeking a turnkey addition to their portfolio. Significant improvements include new vinyl siding, five new boilers, updated electrical panels, and new electrical service. Interior renovations feature updated kitchens with new cabinetry, flooring, and additional improvements throughout. Lead certifications are also in place, providing added peace of mind. With substantial capital improvements already completed, this property offers the potential for strong rental income and reduced immediate maintenance expenses. Conveniently located near local amenities, schools, shopping, and public transportation, this multifamily presents an excellent opportunity for both seasoned investors and those looking to expand their real estate portfolio.

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Commercial Active

Price

$ 685,000

Property Type

Commercial

Taxes

$ 4,346

Style

Lot Size

0.2

Year Built

1900

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1427345

Features
General
Sewer Connected
Heating Baseboard Hot Water
Cooling None
Utilities Natural Gas Connected Sewer Connected
Possession Negotiable
Construction Materials Other
Year Built 1900
Electric 100 Amp Service
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2024
Business Type Residential
Community Features Sidewalks
County Providence
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 8712
Number of Units Leased 5
Land Lease Y/N false
Tax Annual Amount 4346
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 398600
Tax Lot 20
Cap Rate 6.76
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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 5
Lot Size Area 8712
Foundation Details Combination
Number of Buildings 1
Building Area Total 2674
Lot Size Acres 0.2
Road Surface Type Asphalt
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* Excluded Features
List By
Broadway Real Estate Group

Broker

michelle@broadwayreg.com

Email

Affordability Calculator

$5,093
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,731
Monthly Property Taxes
$362
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/30/2026$685,000 Listed Price

Map


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247 Blackstone Street, Woonsocket, RI, 02895 is a Commercial Property for sale at $685,000 with 2,674 sqft and a lot size of 0.2. 247 Blackstone Street was built in 1900. The property's zip code is 02895 which is in Woonsocket, RI