
$620,000 USD
Commercial for Sale, 130 E School Street, Woonsocket, Rhode Island 02895
- MLS#1416439
446 m² (4,800 ft²)
Listed By Keller Williams Leading Edge
The Commercial Property for Sale located at 130 E School Street, Woonsocket, Rhode Island 02895 is currently for sale. 130 E School Street, Woonsocket, Rhode Island 02895 is listed for $620,000.
Property features
Property
- Property size:
446 m² (4,800 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
648 m² (6,970 ft²) - Lot description: Paved RoadSidewalks
Construction
- Year built: 1900
- Basement and foundation: Full Basement
Heating and Cooling
- Heating system: Forced AirGas
Utilities
- Other utilities: GasMunicipal Water
Description
Investment opportunity with significant upside in this six-unit apartment building in Woonsocket. The property currently includes three occupied units generating rental income and three vacant units ready for renovation, offering immediate cash flow with the opportunity to increase future returns. Renovation work has already begun in portions of the building, including three newer heating systems, with two remaining to be connected. The property requires additional improvements and is well suited for investors looking to add value over time. Ample off-street parking, a full basement with storage and mechanical space, and a convenient location near downtown, Route 146, shopping, restaurants, and Massachusetts add to the property's long-term appeal. Whether you're expanding an existing portfolio or taking on your next redevelopment project, this property offers the opportunity to build equity through thoughtful improvements while benefiting from income already in place. Buyer is responsible to do their own due diligence to verify all information on this listing. Property has code violations through City of Woonsocket. Multi-family listing ID:1416507
Location
130 E School Street, Woonsocket, Rhode Island 02895