145 Burnside AVE, Woonsocket, RI 02895
145 Burnside AVE, Woonsocket, RI 02895
145 Burnside AVE, Woonsocket, RI 02895
28
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$725,000
Est. payment /mo
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9 Beds
4 Baths
4,365 SqFt
New

145 Burnside AVE Woonsocket, RI 02895

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,365 sqft

Price per Sqft $166

MLS Listing ID 1416359

Bedrooms 9

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 4,365

Year Built 1914

Annual Tax Amount $5,130

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi Family

Property 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.

Location

State RI

County Providence

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Flooring Ceramic Tile, Hardwood, Laminate

Inclusions Neither seller nor agent, make any representations as to the accuracy of any information contained herein. Buyer (s)/buyer(s) agent must conduct their own due diligence, verification, and research are relying solely on the same. Please measure.

Fireplace No

Appliance Water Heater

Laundry Common Area

Exterior

Exterior Feature Paved Driveway

Parking Features Detached

Garage Spaces 2.0

Community Features Highway Access, Near Hospital, Public Transportation, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 6

Garage Yes

Building

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 145BURNSIDEAVWOON

Virtual Tour https://tour.RiLiving.com/145-Burnside-Avenue-Woonsocket-RI-02895

© 2026 State-Wide Multiple Listing Service. All rights reserved.
Listed by eXp Realty
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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+1(508) 838-6956

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.