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3-Unit Multifamily Building
For Sale
$479,900
Pending

286 Olo Street, Woonsocket, RI 02895

Residential Income, Woonsocket, RI

Property Size3,505 SF
Lot Size0.10 Acres
Days on Market12

Property Features for 286 Olo Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning 11
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 7, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 8, Bedroom 2, Bedroom 9, Bedroom 1, Basement, Bedroom 4
Parking 6
Parking features None
Interior features Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
Basement Unfinished, Full
Appliances Oven, Range, Refrigerator, Gas Water Heater
Subdivision Fairmount Near Second Ave
Lot features Sidewalks
Standard status Pending
Size 3,505 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5674

Utilities

Sewer type Public Sewer
Heating system Space Heater, Natural Gas

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Flooring type Tile - Ceramic, Carpet, Vinyl
Building materials Dry Wall, Plaster, Vinyl Siding
Listing Agency: Residential Properties Ltd.
Listed By: Michael Plante · License #REB.0014946
Added: Sep 16 Changed: Sep 26 Last Checked: Sep 27 at 3:06PM
MLS# 1423453

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit multifamily property contains 3,505 square feet on a 0.1-acre lot. Each apartment is approximately 1,100 square feet, with two bedrooms and double parlors that may accommodate a third bedroom. The building dates to 1900 and has updated kitchens, baths, and electrical service, along with a roof installed five years ago. A fourth-floor area has a bathroom and plumbing and electrical connections prepared for a possible additional unit.

The exterior includes vinyl siding, replacement windows, and painted decks and porches. The property is near the intersection of 2nd Avenue and Olo Street in Woonsocket, Rhode Island.

Key Highlights

  • Three apartments are fully occupied
  • 3,505‑square‑foot building on a 0.1‑acre lot
  • Each unit is approximately 1,100 square feet, with two bedrooms and double parlors

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Gym & Fitness Center Law Firm Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

Demographics for 02895, RI

43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied apartments feature updated kitchens and baths, with infrastructure in place for a possible additional unit.
Where is this triplex located?
The property is located at 286 Olo Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Three apartments are fully occupied; 3,505‑square‑foot building on a 0.1‑acre lot; Each unit is approximately 1,100 square feet, with two bedrooms and double parlors
More about this property
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