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$459,900

419 Fairmount Street
Woonsocket, RI 02895
Listed by Stacy Corrigan
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1900

About this home

Investment opportunity! Exceptionally well-maintained by the same owner for over 40 years, this solid 2-family property offers immediate income with long-term tenants already in place who would love to stay. Both spacious units feature approximately 999 sq. ft. with 2 bedrooms, clean kitchens each featuring painted tin ceilings for turn of the century fire protection and charm, and a combination of laminate, vinyl, and carpet flooring. Separate gas and electric utilities, plus a house meter for the common basement, make management simple. A common washer and dryer are available for tenant use. Outside, enjoy an extremely low-maintenance vinyl exterior, detached one-car garage, parking for four additional vehicles, and a modest yard. Major capital improvements have already been completed, including a young roof, heating systems approximately 3 months and 10 years old, and hot water tanks just 3 months and 3 years old, providing peace of mind for years to come. The seller will obtain lead certificates prior to closing. With below-market rents offering excellent future upside and nearly 2,000 sq. ft. of living space, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build long-term wealth.

Property details

MLS #
1419095
Property type
Multi Family
Subdivision
Fairmount
Status
Active
Days on market
14
On market date
July 28, 2026
Stories
2
Garage spaces
1
Lot size
0.13 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Kevin K. Coleman School
0.21 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
0.89 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
0.83 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

Mortgage calculator

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Est. monthly payment
$2,920/mo
$91,980 down
$367,920 loan
Principal & interest$2,386
Property tax (est.)$383
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 5 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.