Above $1 Million Woonsocket RI Real Estate, Homes, Condos for Sale

Welcome to Kay’s Castle, a truly distinctive Rhode Island estate with a rich history and a story all its own. Built in 1975 by the visionary owner of Kay’s Restaurant, this remarkable residence was designed to make a statement, showcasing exceptional craftsmanship, striking architectural details, and impressive city views from its private setting. Offering approximately 3,342 square feet of living space, the home features three bedrooms and four full bathrooms, with a layout created for both comfortable living and memorable entertaining. The main level is highlighted by a dramatic sunken living room, while the expansive lower level was designed as an entertainer’s retreat, complete with direct walkout access to the courtyard. Throughout the property, signature details add to its unmistakable character, including four stone fireplaces, multiple decks, cedar-shingle siding, a heated garage, and a “cool deck” patio. Key improvements include three new heating systems, three new central air-conditioning units, a beautifully updated kitchen, bathroom renovations, and all-new electrical and plumbing systems throughout—providing modern comfort and peace of mind. Rich in history, character, and potential, Kay’s Castle offers a rare opportunity to reimagine an iconic property and carry its legacy into an exciting new chapter.

233 Annette Ave, Woonsocket

$1,100,000

6 Beds ⋅ 6 Baths ⋅ 1425788 MLS

One of the North End's most distinguished landmarks, this 1918 Willard Kent Colonial has undergone an extensive restoration, fusing historic craftsmanship with contemporary grandeur and multigenerational living possibilities. Designed for Grand Scale entertaining, Restored oak flooring with double mahogany inlays across both the first and second floors. The main level flows effortlessly from a grand foyer to a 30ft fireside living room, a beautiful library, and an elegant formal dining room. The heart of the home is a chef's sanctuary, gutted to the studs with new windows, quartzite counters, radiant floors, dual appliances, a mudroom, and a custom butler's pantry. First floor Powder Room. Below an exposed brick speakeasy with billiard table, wet bar, wine cellar, half bath and laundry area, for epic celebrations! The estate transitions to a quiet retreat. Second floor hosts four expansive bedroom suites each with private bath including a Opulent primary suite with a dressing room and renovated spa bath with radiant floor. Convenient second Floor Laundry. The third floor offers a private haven with two additional beds and new kitchen. Home has updated Plumbing, electrical and efficient 16 zone Gas Heating system. Lush perennial gardens, a carriage house, three exterior porches two enclosed and one open complete this remarkable estate. A private world of elegance, conveniently connected to I 295, I 495 and 8.5 Miles to Franklin Train station, 1yr Buyer Warranty included

103 Glen Road, Woonsocket

$1,200,000

3 Beds ⋅ 4 Baths ⋅ 1425978 MLS

Welcome to Kay's Castle, a truly distinctive Rhode Island estate with a rich history and a story all its own. Built in 1975 by the visionary owner of Kay's Restaurant, this remarkable residence was designed to make a statement, showcasing exceptional craftsmanship, striking architectural details, and impressive city views from its private setting. Offering approximately 3,342 square feet of living space, the home features three bedrooms and four full bathrooms, with a layout created for both comfortable living and memorable entertaining. The main level is highlighted by a dramatic sunken living room, while the expansive lower level was designed as an entertainer's retreat, complete with direct walkout access to the courtyard. Throughout the property, signature details add to its unmistakable character, including four stone fireplaces, multiple decks, cedar-shingle siding, a heated garage, and a cool deck patio. Key improvements include three new heating systems, three new central air-conditioning units, a beautifully updated kitchen, bathroom renovations, and all-new electrical and plumbing systems throughout providing modern comfort and peace of mind. Rich in history, character, and potential, Kay's Castle offers a rare opportunity to reimagine an iconic property and carry its legacy into an exciting new chapter.

233 Annette Avenue, Woonsocket

$2,300,000

1424066 MLS

21-unit multifamily portfolio being offered as a package, consisting of four multifamily properties located throughout Woonsocket. Each property offers off street parking, providing added convenience for tenants. Property addresses included in the package are 274 Diamond Hill Road, 254 Burnside Ave, 448 Cumberland Hill, and 197 Valley Street. 274 Diamond Hill is a 6-unit building featuring six 2-bedroom units, a 2-car garage, and ample parking. 254 Burnside Avenue is a 5-unit building consisting of four 2 bedroom units and one 3 bedroom unit, with a large parking area in the rear. 448 Cumberland Hill Road is a 6 unit building with five 2 bedroom units and one 1 bedroom unit, along with plenty of parking and a 4-car garage that provides potential for additional rental income. 197 Valley Street is a 4 unit multifamily property with four 3-bedroom units, ample parking, and a quiet street location. The portfolio is being sold as a package and offers a mix of unit configurations, parking, and garage space across all four properties. No lead certificates are currently in place for the properties. Come take a look.

274 Diamond Hill Road, Woonsocket

$1,700,000

1421658 MLS

Exceptional investment opportunity! This renovated multifamily property consists of two separate buildings, each offering five 1-bedroom, 1-bath apartments, for a total of 10 residential units and approximately 5,400 square feet of living space. The updated units provide attractive accommodations for tenants, while the off-street parking adds convenience and enhances rental appeal. Whether you're looking to expand your investment portfolio or acquire a well-maintained income-producing asset, this unique property offers excellent long-term potential.

228 West School Street 230, Woonsocket

$1,299,900

1420364 MLS ⋅ N/A BLDG.

Exceptional mixed-use investment opportunity in the heart of Woonsocket's thriving commercial corridor. Located at 584 N Main Street, this well-positioned property features 11 income-producing units, including 9 residential apartments and 2 commercial spaces, generating approximately $12,200 per month in gross rental income. The property offers a diverse tenant mix, providing stable cash flow and long-term upside potential. Additional amenities include a 6-car garage, ample on-site parking, and a common laundry area with the opportunity to generate additional income. Situated in a highly visible central location with convenient access to major routes, shopping, restaurants, and local employers, this turnkey asset presents an outstanding opportunity for investors seeking strong returns, value-add potential, and a prominent presence in one of Northern Rhode Island's most active markets.

584 N North Main Street, Woonsocket

$2,400,000

1420119 MLS

Exceptional investment opportunity in Woonsocket! This rare three-property package offers an outstanding addition to any real estate portfolio. 471 485 Pond Street consists of two well-maintained 6-unit buildings, while 18 Laundry Street features an additional 4-unit building, totaling 16 income-producing units. With off-street parking and strong rental potential, this package presents an incredible opportunity for investors looking to expand their holdings. Ideally located along Pond Street with convenient access to local restaurants, grocery stores, shopping, and neighborhood services. Minutes to Downtown Woonsocket, River Island Art Park, and World War II Veterans Memorial State Park. Easy access to Route 146, Diamond Hill Road, and Mendon Road for commuting to Providence, Worcester, and beyond. Close to Landmark Medical Center, schools, healthcare, parks, and everyday amenities. Conveniently located near the Massachusetts border, making this a highly desirable investment in a prime rental market.

471 Pond Street 485, Woonsocket

$1,150,000

1416410 MLS

Excellent investment opportunity in Woonsocket! This well-maintained 8-unit multi-family property offers strong income-producing potential in a convenient and desirable location. Ideal for investors looking to expand their portfolio, the building features spacious units, ample off-street parking, and a well-kept exterior that provides lasting value and tenant appeal. 100% occupied at market rate rents and is professionally managed. There is a new parking lot with ample parking and that the tenants currently pay gas electric water and sewer. There is also on-site storage. Situated in an established residential neighborhood, the property is close to schools, parks, shopping, dining, and everyday conveniences. Minutes to Downtown Woonsocket with local restaurants, retail shops, entertainment, and community events. Nearby River Island Art Park and World War II Veterans Memorial State Park offer outdoor recreation and scenic green space. Convenient access to Diamond Hill Road, Mendon Road, and Route 146 for easy commuting to Providence and Worcester. Close to Landmark Medical Center and just minutes from the Massachusetts border, making this a fantastic opportunity for long-term investment.

139 E School Street, Woonsocket

$1,195,000

1418562 MLS

Excellent investment opportunity in the heart of Woonsocket! This fully occupied 8-unit multifamily offers approximately 5,500 square feet of living space and features eight spacious 2-bedroom, 1-bath apartments. The 2 -story building provides immediate, stable rental income and is an excellent addition to any investment portfolio. Conveniently located near downtown, shopping, restaurants, schools, major highways, and public transportation, the property offers strong rental appeal.

37 Mechanic Avenue, Woonsocket

$1,373,500

1417689 MLS

14 residential units spread across 5 adjoining lots. 6-unit, 5-unit, 2-unit, single family, and a seperate lot for parking. Most units are rented, but rents are low and the properties all need fairly significant work. Being sold as a package. Cash offers only. Interior access will only be granted to serious buyers as a condition of an accepted offer. Roofs are newer, Water lines/meters are up to code or will be by closing, Mostly firecode compliant (Two units in the 6-family are currently gutted, but there is a fire alarm system covering the other four). The 5-unit has a compliant system. This is an excellent value proposition for a contractor who could complete the two gutted units (which are clean, partitioned and rough plumbed) and update the rest as needed and flip the properties individually or hold for long-term investment. Seller will entertain cash, as-is offers.

42 Church Street 84, Woonsocket

$2,795,000

1413389 MLS

Stabilized cash flow, built-in upside, and the kind of scale serious investors move on fast. Four buildings, 23 units, and a 50-car parking lot delivering $31,000/month ($372,000 annualized) with stable income from day one. With an achievable rent roll of $34,225/month, there's over $38,000 in annual upside already baked in value-add potential without the heavy lift. The unit count supports real economies of scale, the parking differentiates the asset, and Woonsocket's proximity to Providence keeps rental demand consistent. This is the kind of stabilized, cash-flowing portfolio with clear growth runway that doesn't stay available long.

157 Rathbun Street 181, Woonsocket

$1,299,900

73536204 MLS

Exceptional mixed-use investment opportunity in the heart of Woonsocket’s thriving commercial corridor. Located at 584 N Main Street, this well-positioned property features 11 income-producing units, including 9 residential apartments and 2 commercial spaces, generating approximately $12,200 per month in gross rental income. The property offers a diverse tenant mix, providing stable cash flow and long-term upside potential. Additional amenities include a 6-car garage, ample on-site parking, and a common laundry area with the opportunity to generate additional income. Situated in a highly visible central location with convenient access to major routes, shopping, restaurants, and local employers, this turnkey asset presents an outstanding opportunity for investors seeking strong returns, value-add potential, and a prominent presence in one of Northern Rhode Island’s most active markets.

584 N Main St, Woonsocket

$1,490,000

1412347 MLS

100+ unit development potential in northern Rhode Island. 413 Manville Road in Woonsocket, RI offers 6.29 acres zoned R4, with preliminary engineering completed by a reputable local firm indicating the potential for a 100+ unit residential development, subject to approvals and buyer due diligence. For developers seeking an alternate lower-density concept, preliminary plans have also been prepared for an approximately 48 to 52-unit condominium community, offering flexibility in density, unit mix, design, and overall project direction. The site offers flexibility for multiple exit strategies, including a for-sale condominium development or a build-to-rent community designed for long-term rental income. Woonsocket currently has limited to no active new-construction condominium inventory, creating a rare opportunity to introduce new product into an undersupplied market with demand from both Rhode Island and nearby Massachusetts buyers. Located minutes from Routes 146, 99, and I-295, the property offers strong commuter access and is positioned near continued residential growth and new-construction activity. Development package, preliminary engineering, conceptual plans, market data, and projected pricing guidance are available upon request. Conceptual plans only; no approvals are currently in place. Buyer to perform all due diligence.

413 Manville Road, Woonsocket

$1,490,000

1412346 MLS

100+ unit development potential in northern Rhode Island. 413 Manville Road in Woonsocket, RI offers 6.29 acres zoned R4, with preliminary engineering completed by a reputable local firm indicating the potential for a 100+ unit residential development, subject to approvals and buyer due diligence. For developers seeking an alternate lower-density concept, preliminary plans have also been prepared for an approximately 48 to 52-unit condominium community, offering flexibility in density, unit mix, design, and overall project direction. The site offers flexibility for multiple exit strategies, including a for-sale condominium development or a build-to-rent community designed for long-term rental income. Woonsocket currently has limited to no active new-construction condominium inventory, creating a rare opportunity to introduce new product into an undersupplied market with demand from both Rhode Island and nearby Massachusetts buyers. Located minutes from Routes 146, 99, and I-295, the property offers strong commuter access and is positioned near continued residential growth and new-construction activity. Development package, preliminary engineering, conceptual plans, market data, and projected pricing guidance are available upon request. Conceptual plans only; no approvals are currently in place. Buyer to perform all due diligence.

413 Manville Road, Woonsocket

$1,185,000

73508838 MLS

Exceptional opportunity to acquire a professionally managed 8-unit multifamily compound featuring two buildings on one lot: a 7-unit apartment building plus a detached single-family residence. Located in a strong Northern Rhode Island rental market, this asset offers immediate in-place cash flow with clear upside through lease-up and rent optimization. Stabilized gross annual income is projected at approximately $133,080. The main building includes six 2-bed/1-bath units and one 1-bed/1-bath unit, each offering efficient, rental-friendly layouts. The detached single-family home features 3 bedrooms and 1 bath, adding valuable income diversification. Significant capital improvements include updated roofs, improved parking and driveways, and numerous mechanical upgrades, making this a compelling value-add investment with strong long-term appreciation potential.

51 Wood Ave, Woonsocket

$1,185,000

16 Beds ⋅ 8 Baths ⋅ 1409850 MLS

An exceptional opportunity to acquire a professionally managed, multifamily investment consisting of two buildings on one lot a seven-unit apartment building and a detached single-family residence totaling eight units in one of Northern Rhode Island's most consistent cash-flow markets. The property offers a clear path to increased revenue through lease-up and rent optimization. Upon stabilization, the asset is projected to achieve approximately:$133,080 in Annual Gross Income. This offering presents a rare blend of in-place income and clear operational upside, making it well-suited for investors seeking both immediate yield and long-term value creation. The primary structure features six (6) two-bedroom, one-bath units and one (1) one-bedroom, one-bath unit, each approximately 800+ sf, offering efficient layouts and strong rental appeal. The secondary structure is a separate single-family residence comprising three (3) bedrooms and one (1) bathroom, totaling just under 1000 sf, providing additional income diversification within the asset. The property has been well maintained with continued capital investment, including: Updated roofing systems Improved driveway and parking areas Numerous mechanical upgrades throughout

51 Wood Avenue, Woonsocket

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