145 Burnside Avenue Woonsocket, RI $ 725,000
145 Burnside Avenue
$ 725,000
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145 Burnside Avenue

Woonsocket, RI, 02895
$ 725,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,578

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Commercial Property for sale in Woonsocket, RI

for $725,000. This building was built in 1914.

5-UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY - STRONG CASH FLOW + VALUE-ADD UPSIDE!!! INVESTOR ALERT: 5 Unit value add opportunity with immediate cash flow and a clear path to double-digit returns. This well-maintained multifamily generates $87,900 in current gross income (9.2% cap rate) with separate utilities, off-street parking, and a detached 2-car garage. Four of five units are fully updated and rent-ready; one unit is below market and needs updated heating system plus light cosmetic work, representing straightforward renovation play. Bringing all units to market rent pushes gross income to roughly $103,200/year and the cap rate to approximately 11.3% - a build in value add story rare at this price point. Conveniently located near major highways, shopping and public transportation. Property is being sold as-is; porches require repair, offering an additional opportunity to force appreciation. An ideal acquisition for 1031 exchange buyers or investors seeking a stabilized asset with organic upside already identified. Investor Group Tour - Wednesday, July 1, 5:00pm-6:30pm.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 5,130

Style

Year Built

1914

Town/City

Woonsocket

County/Region

Providence

MLS | Web ID

1417296

Features
General
Sewer Connected
Utilities Sewer Connected
Year Built 1914
Electric Circuit Breakers
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
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 5227
Land Lease Y/N false
Tax Annual Amount 5130
Virtual Tour https://tour.RiLiving.com/145-Burnside-Avenue-Woonsocket-RI-02895--1417296
Structure Type Apartment
Standard Status Active
Tax Assessed Value 456800
Tax Lot 104
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Interior
Total Stories 3
Total Baths 0
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Exterior
Water Source Connected
Total Parking 6
Inclusions Neither seller nor agent make any representations as to the accuracy of any information contained herein. Buyer (s)/buyer(s) agent must conduct their own due diligence verification and research are relying solely on the same. Please measure. Dual listed as multi-family MLS#1416359
Lot Size Area 5227
Number of Buildings 1
Building Area Total 0
Road Frontage Type City Street
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* Excluded Features
List By
Exp Realty

Broker

kimberly.rodrigues@exprealty.com

Email

Affordability Calculator

$5,005
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,578
Monthly Property Taxes
$428
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
7/8/2026$725,000 Listed Price

Map


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145 Burnside Avenue, Woonsocket, RI, 02895 is a Commercial Property for sale at $725,000. 145 Burnside Avenue was built in 1914. The property's zip code is 02895 which is in Woonsocket, RI