About This Home

This 0-bedroom, 0-bathroom commercial at 247 Blackstone Street in Woonsocket, RI is listed for $685,000 ($256 per sqft). Built in 1900, the home offers 2,674 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1900
  • 0.20 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
5 spaces
1900
Listing Description

Exceptional investment opportunity! This well maintained five-unit multifamily property has undergone extensive renovations within the past two years, offering an excellent opportunity for investors seeking a turnkey addition to their portfolio. Significant improvements include new vinyl siding, five new boilers, updated electrical panels, and new electrical service.

Interior renovations feature updated kitchens with new cabinetry, flooring, and additional improvements throughout. Lead certifications are also in place, providing added peace of mind. With substantial capital improvements already completed, this property offers the potential for strong rental income and reduced immediate maintenance expenses.

Conveniently located near local amenities, schools, shopping, and public transportation, this multifamily presents an excellent opportunity for both seasoned investors and those looking to expand their real estate portfolio.

Monthly Cost Estimate

$3,664/mo

20% down · 6.5% · 30 years

Principal$495
Interest$2,968
Insurance$200

Estimates only. Actual payments may vary.

Location

247 Blackstone Street

Woonsocket, RI 02895

Property Details

Heating

Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 247 Blackstone Street is listed at $685,000 ($256/sqft). The estimated monthly payment is $3,664 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.20 acre lot, 2 stories, 5 parking spaces.

This property is listed by Michelle Savastano.

MS

Michelle Savastano

Agent at Broadway RE Group LLC

Listed by Broadway RE Group LLC · Broker phone: (401) 255-5530 · Broker website

MLS# 1427345· Source: State Wide MLS of Rhode Island, Inc.· 1 day on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

247 Blackstone Street, Woonsocket, RI 02895

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