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$950,000

339 Privilege Street
Woonsocket, RI 02895
Listed by The DiSpirito Team
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1963

About this home

Opportunity meets scale at this fully occupied six unit brick apartment building in North Woonsocket, near the Massachusetts line and within reach of Providence and Greater Boston. Built in 1963, the property offers six spacious two bedroom, one bath residences across three levels, creating an attractive foundation for investors seeking immediate income with long term upside. Three units offer approximately 954 square feet each, while three larger units offer approximately 1,079 square feet each. The building includes a common laundry room with washer and dryer, plus in unit laundry in three apartments. Tenants pay their own electric through seven individual meters. Lower level units feature radiant heat. Public water, public sewer, an updated fire alarm system, 11 parking spaces, and a 0.29 acre lot add convenience and tenant appeal. With all six units occupied and current rents offering potential for future growth, this property presents an opportunity to improve income over time while maintaining an established tenant base. Nearby destinations include Landmark Medical Center, the Stadium Theatre, the Museum of Work and Culture, Chan’s, riverfront dining, shopping, and major commuter routes. Providence is approximately 13 miles away, Boston approximately 40 miles away, and the Massachusetts border is just minutes away. A compelling six door investment for buyers seeking density, accessibility, and value.

Property details

MLS #
1415735
Property type
Apartment,Commercial
Subdivision
North Woonsocket
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.29 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
RISE Prep Mayoral Academy Ele
0.38 mi away · Grades 0-6
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
382
Student:teacher ratio
14.7:1
District
RISE Prep Mayoral Academy
Middle
Woonsocket Middle @ Villa Nova
0.63 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
629
Student:teacher ratio
9.8:1
District
Woonsocket
HighCharter
BEACON Charter School
0.73 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
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 19, 2026.

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.