About This Home

This 0-bedroom, 0-bathroom commercial at 558 E School Street in Woonsocket, RI is listed for $565,000 ($117 per sqft). Built in 1900, the home offers 4,825 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1900
  • 0.04 acre lot
  • 3 stories
  • 1 parking spaces

Property Details

3 stories
1 space
1900
Listing Description

Excellent investment opportunity! This 5-unit brick apartment building offers a great addition to any investment portfolio. The property consists of one 2-bedroom unit and four 1-bedroom units, with each apartment including a range and refrigerator. Additional features include a roof approximately 5 years old, vinyl replacement windows, natural gas

heat and hot water, separately metered gas and electric, coin-operated washer and dryer, and a fully fire-coded building. The owner currently pays all utilities, presenting an opportunity for future expense management and potential increased cash flow.

The durable brick exterior offers the benefit of lower-maintenance ownership. Conveniently located near shopping, restaurants, public transportation, and everyday amenities. With a strong rental history and income-producing potential, this property is an excellent opportunity for both seasoned and first-time investors.

Monthly Cost Estimate

$3,022/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165

Estimates only. Actual payments may vary.

Location

558 E School Street

Woonsocket, RI 02895

Social

Features & Amenities

Interior Features

Ceiling Height (7 to 9 Ft)

Property Details

Construction

Brick

Heating

ZonedBaseboard

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 558 E School Street is listed at $565,000 ($117/sqft). The estimated monthly payment is $3,022 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.04 acre lot, 3 stories, 1 parking spaces. Interior Features: Ceiling Height (7 to 9 Ft).

This property is listed by Blanchet Group.

BG

Blanchet Group

Agent at RE/MAX Town and Country

Listed by RE/MAX Town and Country · Broker phone: (401) 333-0020

MLS# 1423203· Source: State Wide MLS of Rhode Island, Inc.· 37 days 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.

558 E School Street, Woonsocket, RI 02895

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