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145 Burnside Avenue, Woonsocket, RI 02895

Woonsocket
Local realty services provided by:CENTURY 21 Custom Home Realty
145 Burnside Avenue,Woonsocket, RI 02895
$715,000
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: kimberly rodrigues
Office: exp realty
MLS#:1416359
Source:RI_STATEWIDE

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Price summary

  • Price:$715,000

About this home

5-UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY - STRONG CASH FLOW + VALUE-ADD UPSIDE!!! INVESTOR ALERT: 5 Unit value add opportunity with immediate cash flow and a clear path to double-digit returns. This well-maintained multifamily generates $87,900 in current gross income (9.2% cap rate) with separate utilities, off-street parking, and a detached 2-car garage. Four of five units are fully updated and rent-ready; one unit is below market and needs updated heating system plus light cosmetic work, representing straightforward renovation play. Bringing all units to market rent pushes gross income to roughly $103,200/year and the cap rate to approximately 11.3% - a build in value add story rare at this price point. Conveniently located near major highways, shopping and public transportation. Property is being sold as-is; porches require repair, offering an additional opportunity to force appreciation. An ideal acquisition for 1031 exchange buyers or investors seeking a stabilized asset with...

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Home facts

  • Year built:1914
  • Listing ID #:1416359
  • Added:94 day(s) ago
  • Updated:October 01, 2026 at 05:23 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:19
  • Flooring:Ceramic Tile, Hardwood, Laminate
  • Basement:Yes
  • Basement Description:Full, Interior Entry, Unfinished

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1914
  • Construction Materials:Vinyl Siding
  • Exterior Features:Paved Driveway

Utilities

  • Water:Connected, Public
  • Sewer:Connected, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$715,000
  • Tax amount:$5,130 (2025)

Features and amenities

  • Laundry features:Common Area
  • Amenities:Water Heater

Parking

  • Total parking spaces:6
  • Parking description:Detached, Garage, Paved Driveway
  • Garage:Yes
  • Garage spaces:2
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than CENTURY 21 Custom Home Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: October 1, 2026 RI_STATEWIDE Member Broker: Deborah Flanagan

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