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    3 Highland St Woonsocket, RI 02895

    Pending
    For Sale
    $1,100,000

    Multi Family,Commercial - Woonsocket, RI

    Days on Market:
    79
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 3 Highland St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking
    15
    Exterior features
    Free Standing, Suburban

    Building Details

    Year built
    1910
    Building materials
    Brick, Frame
    Architectural style
    Other

    Century 21 Limitless (508) 726-3492 [email protected]

    Listing agent Kyle Seyboth (508) 567-3468

    Listing date Sep 18, 2025

    MLS# 1394066 Listing URL

    Copyright © 2025 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.

    Overview

    Woonsocket Multifamily Investment Opportunity

    This impressive nine-unit multifamily property features two separate buildings on a single lot, presenting an investment opportunity in Woonsocket. The property includes a mix of layouts with varying bedroom and bathroom counts. Currently, the property is occupied except for two units. When fully occupied, gross rents total $12,500 monthly. Tenants have access to ample parking, including six garage spaces and 15 off-street spots. The property is well-maintained and situated near local amenities, offering both stability and potential growth in occupancy. This multifamily home promises value and convenience in a tenant-friendly location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.52198
    Latitude
    42.006008

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit multifamily property in a prime Woonsocket location.
    Where is this apartment building located?
    The property is located at 3 Highland St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime Woonsocket location offering both stability and potential growth.; - High income potential: $12,500 gross monthly rents when fully occupied.; - Ample parking: **6 garage spaces and 15 off-street spots.**
    (508) 567-3468
    Request Owner's contact information
    3 Highland St Woonsocket, RI 02895
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    Woonsocket, RI 02895
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Highland St Woonsocket, RI 02895
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