Turnkey 4-family in convenient location. All units have been fully renovated with updated kitchens, refreshed baths, and gleaming hardwoods. Major improvements—including roof, windows, and water heaters—are just a few years young, giving both owners and investors peace of mind. This well-managed property brings in $74,700 in annual rents with modest yearly expenses, making it an excellent cash-flow performer. For owner-occupants, the strong rents can significantly offset your mortgage—an incredible opportunity to build equity while enjoying a beautifully updated home. Fully fire-coded and lead-certified (renewal in Feb.) Extras include ample off-street parking, coin-op laundry, and individual tenant storage. Located near shopping, restaurants, and highway access. A rare chance to own a move-in-ready 4-unit with outstanding numbers and long-term stability.
For sale
$700,000
126 Welles St, Woonsocket, RI 02895
9beds
4,700sqft
Est.:
Multi Family
Built in 1914
-- sqft lot
$-- Zestimate®
$149/sqft
$-- HOA
What's special
Ample off-street parkingCoin-op laundryRefreshed bathsGleaming hardwoods
- 23 hours |
- 193 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listed by:
Sue Dicks 508-509-5204,
Era Key Realty Services
Source: StateWide MLS RI,MLS#: 1401334
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub & Shower
Heating
- Electric, Natural Gas, Baseboard, Electric Air Cleaner, Individual Control
Cooling
- None
Appliances
- Included: Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
- Laundry: Common Area
Features
- Wall (Plaster), Plumbing (Mixed), Insulation (Cap), Insulation (Walls)
- Flooring: Hardwood, Laminate
- Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 7,009
- Total interior livable area: 4,700 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 7,840.8 Square Feet
- Features: Paved, Sidewalks
Details
- Foundation area: 1600
- Parcel number: WOONM28EL24U41
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Vinyl Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: In Fee, Public Sewer
- Water: In Fee, Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Bernon
HOA
- Has HOA: No
Location
- Region: Woonsocket
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $405,000
- Annual tax amount: $5,932
- Date on market: 12/10/2025
- Total actual rent: 6225
- Tenant pays: Hot Water, Heat
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Listed for sale | $700,000$149/sqft |
Source:  StateWide MLS RI #1401334 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,889 +4% | $405,000 |
| 2023 | $5,662 | $405,000 |
| 2022 | $5,662 +30.8% | $405,000 +122.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,288/mo
Principal & interest
$3361
Property taxes
$682
Home insurance
$245
Climate risks
Neighborhood: Bernon District
Nearby schools
GreatSchools rating
- 3/10Bernon Heights SchoolGrades: K-5Distance: 0.5 mi
- 2/10Woonsocket Middle at HamletGrades: 6-8Distance: 0.3 mi
- NAWoonsocket Career An Tech CenterGrades: 9-12Distance: 0.9 mi
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