About This Home
This 12-bedroom, 6-bathroom multi-family at 130 E School Street in Woonsocket, RI is listed for $620,000 ($129 per sqft). Built in 1900, the home offers 4,800 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1900
- 0.16 acre lot
- 3 stories
- 12 parking spaces
Property Details
Investment opportunity with significant upside in this six-unit apartment building in Woonsocket. The property currently includes three occupied units generating rental income and three vacant units ready for renovation, offering immediate cash flow with the opportunity to increase future returns.
Renovation work has already begun in portions of the building, including three newer heating systems, with two remaining to be connected. The property requires additional improvements and is well suited for investors looking to add value over time. Ample off-street parking, a full basement with storage and mechanical space, and a convenient locatio
n near downtown, Route 146, shopping, restaurants, and Massachusetts add to the property's long-term appeal. Whether you're expanding an existing portfolio or taking on your next redevelopment project, this property offers the opportunity to build equity through thoughtful improvements while benefiting from income already in place. Buyer is responsible to do their own due diligence to verify all information on this listing. Property has code violations through City of Woonsocket.
Monthly Cost Estimate
$3,316/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
130 E School Street
Woonsocket, RI 02895
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 12-bedroom, 6-bathroom multi-family at 130 E School Street is listed at $620,000 ($129/sqft). The estimated monthly payment is $3,316 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.16 acre lot, 3 stories, 12 parking spaces. Interior Features: Wall (Dry Wall), Wall (Paneled), Wall (Plaster).
This property is listed by Melanie Ruiz and can be reached at (401) 333-4900.