Introducing 130 East School Street in Woonsocket, Rhode Island — a spacious, income-producing 6-unit multifamily with a value-add upside rarely found in today’s market. The layout offers a mix of unit sizes and configurations, creating flexibility for future updates or repositioning. The vacant units present excellent opportunities for modern upgrades—think new flooring, updated kitchens and baths, fresh paint, and improved lighting—to significantly elevate rent potential in a high-demand rental area. The exterior of the property offers ample off-street parking, a major advantage in Woonsocket where parking can be limited. The lot is well-sized and provides easy access for tenants. Location is key—130 East School Street sits in a convenient section of Woonsocket close to schools, shopping, parks, downtown amenities, and public transit. The property also offers quick access to Route 146, making commuting to Providence or Massachusetts easy for tenants. Whether you're a seasoned investor or just entering the multifamily space, this building checks all the boxes: existing income, expansion potential, stable area, and a clear path to increased cash flow. With four units already generating revenue and two units awaiting transformation, this property is perfectly positioned for someone ready to unlock its full potential. 130 East School Street is more than just a building—it's an opportunity to create long-term wealth. Don’t miss your chance to capitalize on this value-add gem.
For sale
Price cut: $24.9K (11/18)
$675,000
130 East School St, Woonsocket, RI 02895
8beds
3,200sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$670,100 Zestimate®
$211/sqft
$-- HOA
What's special
Ample off-street parkingEasy access for tenants
- 1 day |
- 142 |
- 13 |
Likely to sell faster than
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