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

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

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: 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).

Walkable

out of 100

EPA National Walkability Index

11.5 / 20 -- Above average walkable

Nearby-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 -- 57 fewer days than Woonsocket's current average of 67 days.

For reference, the median list price across 325 active listings in Woonsocket right now is $409,000.

Mortgage calculator

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Home price

Down payment

Interest rate

Loan term

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% / yr

Home insurance

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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 19 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.