Back on market due to garage being unsafe - seller to demo garage. Discover this large income-generating four-family home perfectly situated near all local conveniences. The property features two well-appointed one-bedroom units on the first floor, and two expansive three-bedroom units with classic double parlors on the second and third floors—offering spacious living and strong rental appeal. Three of the four units have been thoughtfully updated, and each includes its own in-unit laundry for tenant convenience. Recent improvements include a new roof and newer heating systems, ensuring peace of mind for years to come. Plus, there may be opportunities to expand into the attic for even more value. With excellent tenants already in place and room to increase rents, this is the perfect opportunity to grow your portfolio with a true cash-flowing asset. Don’t miss your chance to own this impressive money maker—schedule your private showing today! Being sold as-is.
Sold for $625,000
$625,000
494 Grove St, Woonsocket, RI 02895
8beds
4,434sqft
Multi Family
Built in 1900
-- sqft lot
$632,100 Zestimate®
$141/sqft
$1,895 Estimated rent
Home value
$632,100
$563,000 - $714,000
$1,895/mo
Zestimate® history
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$3,817/mo
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Zillow last checked: 7 hours ago
Listing updated: September 03, 2025 at 06:17pm
Listed by:
Wayne Hannon 401-578-6960,
LPT Realty
Bought with:
Elizete Silva, RES.0034797
eXp Realty
Source: StateWide MLS RI,MLS#: 1388292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Baseboard, Other
Cooling
- None
Appliances
- Included: Electric Water Heater, Oven/Range, Refrigerator
- Laundry: In Unit
Features
- Wall (Paneled), Wall (Plaster), Plumbing (Mixed)
- Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,434
- Total interior livable area: 4,434 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 6,534 sqft
Details
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Paneled, Plaster, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Restaurants, Schools, Near Shopping
Location
- Region: Woonsocket
HOA & financial
Other financial information
- Total actual rent: 5225
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Sold | $625,000+4.2%$141/sqft |
Source:  StateWide MLS RI #1388292 Report a problem | ||
| 7/14/2025 | Pending sale | $599,999$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
| 7/13/2025 | Listed for sale | $599,999$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
| 7/1/2025 | Pending sale | $599,999$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
| 6/23/2025 | Listed for sale | $599,999+81.9%$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Bernon District
Nearby schools
GreatSchools rating
- 4/10Bernon Heights SchoolGrades: K-5Distance: 0.4 mi
- 3/10Woonsocket Middle at HamletGrades: 6-8Distance: 0.7 mi
- NAWoonsocket Career An Tech CenterGrades: 9-12Distance: 1.3 mi
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Estimated market value
$632,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$632,100