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Two-Family Home with Updated Interiors

33 Pleasant Street Woonsocket, RI 02895

Claim this Listing
For Sale
$389,900

MULTI_FAMILY - Woonsocket, RI

Property size:
1,800 SF
Lot size:
0.06 Acres
Price / SF:
$216/SF
Added:
May 12, 2026
Days on Market:
61
Last Refresh:
Jul 11 at 4:06 pm

Property Features for 33 Pleasant Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bathroom 2
Parking
4
Parking features
None
Interior features
Wall (Dry Wall), Plumbing (Mixed)
Basement
Full, Unfinished
Appliances
Gas Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
Standard status
Active
Size
1,800 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3259

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Laminate
Building materials
Dry Wall, Wood

Listing agent Jose Duce Rocher License #RES.0045130

Listing office Century 21 Limitless 323 Turnpike Street, East Providence, RI

Listing date May 12, 2026

MLS# 1412496 Listing URL

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 well-maintained two-family home is set up for both owner-occupants and investors. The first unit offers 2 bedrooms and 1 bathroom, with updated vinyl flooring, fresh paint, and stainless steel appliances. The second unit provides 1 bedroom and 1 bathroom, offering flexibility for an additional rental stream or extended living arrangements. The property is described as move-in ready and includes a convenient overall layout.

The home is located at 33 Pleasant Street in Woonsocket, Rhode Island 02895, within Providence County. The property is situated on a 0.06-acre lot and has an approximate total size of 1,800 square feet. Zoning is listed as R4.

For tenants or buyers seeking a straightforward two-unit setup, the distinct 2-bedroom/1-bath and 1-bedroom/1-bath configurations can support multiple living preferences while keeping the ownership structure uncomplicated. With updated interior finishes in the larger unit and stainless steel appliances already in place, the property is positioned for immediate occupancy considerations.

Key Highlights

  • Well‑maintained two‑family home with separate units for flexible living or rental income
  • First unit: 2 bed, 1 bath with updated vinyl flooring, fresh paint, and stainless steel appliances
  • Second unit: 1 bed, 1 bath—suited for additional rental income or extended living

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.8k $25.44
− Vacancy −$3.0k −$1.65
EGI $42.8k $23.79
− OpEx −$12.8k −$7.14
NOI $30.0k $16.65
1,800 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$428.2K
$374.6K – $499.5K (±1% cap)
NOI $29,971 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$339.8K
$297.3K – $396.4K (±1% cap)
NOI $23,786 @ 7.0% cap · market cap 6.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency HVAC Service Electrical Service Gym & Fitness Center Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family in Woonsocket with updated finishes and two rental-ready unit layouts.
Where is this duplex located?
The property is located at 33 Pleasant Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Well‑maintained two‑family home with separate units for flexible living or rental income; First unit: 2 bed, 1 bath with updated vinyl flooring, fresh paint, and stainless steel appliances; Second unit: 1 bed, 1 bath—suited for additional rental income or extended living
Contact an agent
More about this property
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