Commercial at 228 230 West School Street, Woonsocket
Commercial at 228 230 West School Street, Woonsocket, photo 2 of 4
Commercial at 228 230 West School Street, Woonsocket, photo 3 of 4
Commercial at 228 230 West School Street, Woonsocket, photo 4 of 4
4 photos

$1,700,000

228 230 West School Street
Woonsocket, RI 02895
Listed by Robert Berle
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1926

About this home

Exceptional investment opportunity! This renovated multifamily property consists of two separate buildings, each offering five 1-bedroom, 1-bath apartments, for a total of 10 residential units and approximately 5,400 square feet of living space. The updated units provide attractive accommodations for tenants, while the off-street parking adds convenience and enhances rental appeal. Whether you're looking to expand your investment portfolio or acquire a well-maintained income-producing asset, this unique property offers excellent long-term potential.

Property details

MLS #
1421658
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
10
On market date
August 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
7,840 sqft
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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
Harris School
0.12 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
441
Student:teacher ratio
14.7:1
District
Woonsocket
MiddleCharter
Founders Academy
0.29 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
0.31 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).

75
Walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks19
Schools13
Transit stops20
Pharmacies5

Market position

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

On the market 10 days -- 52 fewer days than Woonsocket's current average of 62 days.
For reference, the median list price across 362 active listings in Woonsocket right now is $414,000.

Mortgage calculator

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

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Adjust tax / insurance estimates
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Est. monthly payment
$10,388/mo
$340,000 down
$1,360,000 loan
Principal & interest$8,821
Property tax (est.)$1,417
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 24 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.