130 E School Street Woonsocket

$675,000
12 6 4,800 sq ft

The Property

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.

Read more

Contact Associate

Listing Details

MLS Number

1400402

Lot Size:

0.16 acres

Features

  • Basement: Full, Interior Only, Unfinished, Common, Laundry, Office, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Year Built: 1900

See more features

Market Trends for Single Family Homes
in Woonsocket

  • Overview
    Homes for Sale Today74-91.3% decrease in inventory
    New on Market *42-14.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$244.39$4 increase in List Price/Sq.Ft.
    Avg. Sale Price *$455,809$23,050 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.39%-0.4% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$228.55$32 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *713 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Exp Realty Llc

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!