Kanghee Lee
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Commercial at 499 Willow Street, Woonsocket
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$699,900

499 Willow Street
Woonsocket, RI 02895
Listed by Smith & Oak Rhode Island Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1913

About this home

Massive 6 unit comprised of (4) 3 bedroom units and (2) 2 bedroom units situated on .28 acres in an R4 zone (subdivision buyer's responsibility). Property has a new roof, updated plumbing and electrical, replacement windows, and ready to be finished. The lot is a corner lot, and features 113.60 ft of road frontage on Willow, and 105 ft. of frontage on Roberts St. Priced to sell quickly. Cash or private financing only. Seller WILL NOT hold paper. Major upside here for the right buyer. Post-renovation gross rental rate: $12,400 per month // $148,800 per year // proj NOI: $104,160.

Highlights

New construction

Property details

MLS #
1423774
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 18, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
12
Lot size
0.28 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Bernon Heights School
0.46 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
370
Student:teacher ratio
14.8:1
District
Woonsocket
Middle
Woonsocket Middle at Hamlet
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
618
Student:teacher ratio
13.7:1
District
Woonsocket
HighCharter
BEACON Charter School
0.71 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

80
Walkable
out of 100
EPA National Walkability Index
13.2 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks20
Schools15
Transit stops20
Pharmacies4

Market position

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

On the market 0 days -- 63 fewer days than Woonsocket's current average of 63 days.
For reference, the median list price across 347 active listings in Woonsocket right now is $419,900.

Mortgage calculator

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

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Est. monthly payment
$4,365/mo
$139,980 down
$559,920 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 6 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.