$6,000,000
About this home
ATTENTION DEVELOPERS AND INVESTORS! Incredible opportunity in Woonsocket to own a fully updated 21-unit residential building offering strong returns. This property boasts an impressive 7% cap rate with an NOI of $359,600, making it an ideal addition to any investment portfolio. Total rents about $450,000. All units have been completely renovated with modern finishes, new appliances, and attractive, functional layouts designed to appeal to today’s tenants. Conveniently located with easy access to local shops, restaurants, and everyday amenities, and just minutes from the downtown district. Close to major commercial corridors including Diamond Hill Road and Mendon Road. Easy access to Interstate 146 provides convenient commuting to Providence and Worcester. Near the Blackstone River and Blackstone River Greenway, with close proximity to Landmark Medical Center.
Property details
- MLS #
- 1417706
- Property type
- Commercial,Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 15
- On market date
- July 13, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 36,154 sqft
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 382
- Student:teacher ratio
- 14.7:1
- District
- RISE Prep Mayoral Academy
- Enrollment
- 629
- Student:teacher ratio
- 9.8:1
- District
- Woonsocket
- Enrollment
- 217
- Student:teacher ratio
- 13.6:1
- District
- Beacon Charter School
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 28 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.