Emily Christenbury
← INNOVATE Real Estate
Commercial at 226 South Main Street, Woonsocket
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38 photos

$649,900

226 South Main Street
Woonsocket, RI 02895
Listed by Riley White
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Turnkey 7-unit multifamily in Woonsocket, RI offering strong in-place income with value-add upside. Conveniently located near shopping, dining, local employers, and major commuter routes, supporting consistent rental demand. Excellent opportunity for investors seeking a stabilized asset today with potential for future rent growth and operational improvements. PROPERTY CONVEYS WITH LEAD CERTIFICATES

Property details

MLS #
1412988
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
91
On market date
May 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
5
Lot size
0.11 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Kevin K. Coleman School
0.36 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
247
Student:teacher ratio
13.7:1
District
Woonsocket
MiddleCharter
Founders Academy
0.69 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
160
Student:teacher ratio
13.3:1
District
Beacon Charter School
HighCharter
BEACON Charter School
0.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
217
Student:teacher ratio
13.6:1
District
Beacon Charter School

Walkability

Blended score for Woonsocket's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks16
Schools11
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Woonsocket, from live MLS data.

On the market 91 days -- 29 more days than Woonsocket's current average of 62 days.
For reference, the median list price across 371 active listings in Woonsocket right now is $419,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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% / yr
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/mo
Est. monthly payment
$4,064/mo
$129,980 down
$519,920 loan
Principal & interest$3,372
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.