This extraordinary property is ideal for starting a new business or bringing your business to the next level. This "mixed-use" property allows the ability to live & work under the same roof (1 Residential + 1 Commercial unit). The 2nd floor apartment was just recently remodeled and is ready for it's new owner. The apartment consists of 3 bedrooms, a large bathroom with washer and dryer, walk-in closet, and open kitchen-living-dining room area. New roof and air conditioning system. The commercial space has a half bath, wash sink, steel "i-beam" trolley hoist, and a commercial exhaust fan. Each unit has separate utilities, 200 amp circuit breaker panel for the commercial space. Whether you are looking to occupy both units or just one of them, this makes for an ideal investment using the other unit to offset the mortgage. Off street parking and easy access to MA line. The building has an updated fire alarm system. Don't miss this opportunity to build your future in this property
Sold for $325,000 on 08/11/23
$325,000
548 Wood Ave, Woonsocket, RI 02895
3beds
2,697sqft
Multi Family
Built in 1940
-- sqft lot
$381,800 Zestimate®
$121/sqft
$2,397 Estimated rent
Home value
$381,800
$359,000 - $405,000
$2,397/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 12, 2023 at 06:09am
Listed by:
Spectrum Real Estate Consultants 401-334-3334,
Keller Williams Realty Leading Edge 401-333-4900
Bought with:
Phil Tirrell
Weichert REALTORS® Tirrell Realty
Source: MLS PIN,MLS#: 73112255
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Central Air
Features
- Flooring: Vinyl, Carpet, Laminate
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,697
- Total interior livable area: 2,697 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 4
- Uncovered spaces: 6
Features
- Patio & porch: Porch
- Fencing: Fenced/Enclosed
Lot
- Size: 4,356 sqft
Details
- Parcel number: 193398
- Zoning: MU2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- See Remarks
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School
Location
- Region: Woonsocket
HOA & financial
Other financial information
- Total actual rent: 3300
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2023 | Sold | $325,000-4.4%$121/sqft |
Source: MLS PIN #73112255 | ||
| 7/18/2023 | Pending sale | $339,900$126/sqft |
Source:  StateWide MLS RI #1336605 | ||
| 6/13/2023 | Price change | $339,900-2.9%$126/sqft |
Source: StateWide MLS RI #1336605 | ||
| 5/30/2023 | Price change | $349,900-6.7%$130/sqft |
Source: StateWide MLS RI #1336605 | ||
| 5/16/2023 | Listed for sale | $375,000+177.8%$139/sqft |
Source: StateWide MLS RI #1335644 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $153,000 |
| 2024 | -- | $153,000 -34.1% |
| 2023 | -- | $232,300 +51.8% |
Find assessor info on the county website
Neighborhood: East Woonsocket
Nearby schools
GreatSchools rating
- 2/10Woonsocket Middle at HamletGrades: 6-8Distance: 0.3 mi
- 3/10Woonsocket High SchoolGrades: 9-12Distance: 0.5 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$381,800
2% more+ $7,636
With Zillow Showcase(estimated)
$389,436