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$725,000
Monthly Est:$3,609
9 Beds
4 Baths4 full baths
4,365sqft
145 Burnside Ave, Woonsocket, RI 02895
$725,000
$3,609/moEst:
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Multi Family
Built in 1914
$-- HOA
5,227 sqft lot
$166/sq.ft
Description
5-UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY - STRONG CASH FLOW + VALUE-ADD UPSIDE!!!
INVESTOR ALERT: 5 Unit value add opportunity with immediate cash flow and a clear path to double-digit returns. This well-maintained multifamily generates $87,900 in current gross income (9.2% cap rate) with separate utilities, off-street parking, and a detached 2-car garage. Four of five units are fully updated and rent-ready; one unit is below market and needs updated heating system plus light cosmetic work, representing straightforward renovation play. Bringing all units to market rent pushes gross income to roughly $103,200/year and the cap rate to approximately 11.3% - a build in value add story rare at this price point. Conveniently located near major highways, shopping and public transportation. Property is being sold as-is; porches require repair, offering an additional opportunity to force appreciation. An ideal acquisition for 1031 exchange buyers or investors seeking a stabilized asset with organic upside already identified. Investor Group Tour - Wednesday, July 1, 5:00pm-6:30pm.
- Houzeo last checked: 5 hours ago
- Listing updated: September 8, 2026 at 2:32 pm
- Listing Provided by: Kimberly Rodrigues (774) 291-2880 DRE #RES.0046428 | eXp Realty (888) 315-3445
- Source: RI StateWide MLS-RI | MLS#: 1416359
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1914
HOA Fees
-
Finished Area
4,365 sqft
Lot Size
5,227 sqft lot
Basement Area
- sqft
MLS Name
RI StateWide MLS
MLS Number
1416359
MLS Status
Pending
Days on Market
92
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Interior
Sewer
Connected, Public Sewer
Cooling
None
Exterior Features
Paved Driveway
Heating
Forced Air, Gas
Appliances
Water Heater
Flooring
Ceramic Tile, Hardwood, Laminate
Construction
Year Built
Year Built: 1914
Home type
Multi Family
Construction Materials
Vinyl Siding
Utilities & Energy
Electric
Circuit Breakers
Laundry Features
Common Area
Utilities
Sewer Connected
Water Source
Connected, Public
Parking Features
Detached, Garage
Basement
Full, Interior Entry, Unfinished
Other Features
Community Features
Highway Access, Near Hospital, Public Transportation, Restaurant, Shopping
Price History
| Date | Event | Price |
|---|---|---|
07/16/2026 Source: | Pending | $725,000 $166/sqft |
06/29/2026 Source: | Listed for Sale | $725,000 +81.70% $166/sqft |
03/31/2021 Source: | Price Increased | $399,000 +3.64% $91/sqft |
03/31/2021 Source: | Sold | $385,000 $88/sqft |
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Based on information from State-Wide MLS through Sep 29, 2026, 03:15PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 State-Wide MLS, Inc. All rights reserved.
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