Woonsocket, RI 02985

$389,000
4
BD
2
BA

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List Price
$389,000
MLS#
1421567
Status
ACTIVE
Type
Multifamily
City
Woonsocket
County
Providence
Bedrooms
4
Bathrooms
2
Year Built
1920

Property Description

Seller is willing to put $10K in escrow for fence and repairs** Perfect opportunity for first-time buyers! FHA financing welcome. Eligible buyers may qualify for down payment assistance programs that could allow purchase with minimal out-of-pocket costs. Estimated mortgage payment of $2,289 (not including taxes, and home insurance. This is an excellent opportunity for 203k loan too. Excellent opportunity for both owner-occupants and investors! This versatile 2-family property features two 2-bedroom apartments, with the second-floor unit currently generating rental income. The property offers strong potential for additional cash flow while allowing an owner to occupy one unit or maximize investment returns. Situated on a generous lot with a backyard perfect for outdoor enjoyment, entertaining, or future possibilities. The partially finished basement adds extra usable space with potential for storage, recreation, workshop, or expansion ideas. Off-street parking and convenient access to local amenities, shopping, restaurants, and major routes make this property even more appealing. Whether you're looking to expand your portfolio, house hack, or create long-term value, this property offers flexibility, functionality, and excellent upside potential in the heart of Woonsocket.

Additional Information

Electric
100 Amp Service
Basement
Full, Finished, Interior Entry
Cooling
Ductless
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Yamanda Perez Jimenez from Listing Office: Circle 100 Real Estate.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this firm are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright ©2026 State-Wide MLS, Inc. All rights reserved. Data Last Updated: