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130 E School St

Woonsocket RI 02895

12
6
12
4800 sq. ft.
6970 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

12 bedrooms
6 bathrooms
12 carspaces
4800 sq. ft. floor area
6970 sq. ft. lot size
Multi-Family

Property history for 130 E School St

2020
Sold
$300,000
29 Jan 2020
2016
Sold
$300,000
31 May 2016 by Duane Boucher

Happy sellers in Woonsocket

87%
87% of sellers in Woonsocket reported that their sale price either exceeded or met their price expectations.

Woonsocket stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Woonsocket over the last 12 months.

Local market activity for 12 bedroom multi families in Woonsocket

In the last 12 months, 3 numeral.12-bedroom multi families similar to 130 E School St, have been sold.

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