About This Home
This 10-bedroom, 3-bathroom residential multi family at 538 Wood Avenue in Woonsocket, RI is listed for $684,900 ($172 per sqft). Built in 1900, the home offers 3,976 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 1900
- 0.13 acre lot
- 3 stories
- 8 parking spaces
Property Details
Amenities
An outstanding opportunity to own a versatile three-family property in a highly accessible East Woonsocket location, just moments from the Massachusetts state line. Built around the turn of the 20th century, this well-maintained triplex offers approximately 4,000 square feet across three units, giving owners flexible living and rental configurations in one of Northern Rhode Island's most consistently active markets.
The first floor unit features 4 beds with 1 bath and in unit washer dryer, while the second and third floor units feature 3 beds and 1 bath each. Parking is a standout feature with a detached 3-car garage plus ample off-street parking bringing the total to 9 parking spots, great for attracting and retaining quality tenants in this neighborhood.
The property also offers separate utilities for efficient management and a spacious basement for additional storage. Whether you're pursuing owner-occupancy to offset your mortgage, purchasing your first investment property, or adding another income-producing asset to your portfolio, this property delivers strong rental demand and long-term value.
Conveniently located near major commuter routes, shopping, restaurants, parks, and everyday essentials - the accessibility renters value, and the continued demand owners benefit from.
Monthly Cost Estimate
$3,663/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
538 Wood Avenue
Woonsocket, RI 02895
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 10-bedroom, 3-bathroom residential multi family at 538 Wood Avenue is listed at $684,900 ($172/sqft). The estimated monthly payment is $3,663 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.13 acre lot, 3 stories, 8 parking spaces. Interior Features: Insulation (Unknown).
This property is listed by The Modern Collective Group and can be reached at 4017442692.




