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    Woonsocket Triplex: Turnkey Investment Property Title is generated by Realmo AI

    398 Willow Street, Woonsocket, RI 02895

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    Claim this Listing
    Pending
    $549,900

    MULTI_FAMILY - Woonsocket, RI

    Property size:
    3,927 SF
    Lot size:
    0.07 Acres
    Added:
    May 4, 2026
    Days on Market:
    40
    Last Refresh:
    Jun 12 at 2:06 pm

    Property Features for 398 Willow Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 5, Basement, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
    Parking
    4
    Patio and Porch features
    Porch
    Interior features
    Wall (Dry Wall), Wall (Paneled), Plumbing (Mixed), Insulation (Unknown)
    Exterior features
    Porch
    Basement
    Unfinished, Partial
    Appliances
    Gas Water Heater, Oven/Range, Refrigerator
    Standard status
    Pending
    Size
    3,927 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4626

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Space Heater, Baseboard, Natural Gas

    Building Details

    Year built
    1923
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Laminate, Hardwood
    Building materials
    Dry Wall, Paneled, Vinyl Siding

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    Listing Contact
    Duane Boucher

    Listing agent Duane Boucher License #REC.0014815

    Listing office Boucher Real Estate 600 Cass Ave, Woonsocket, RI

    Listing date May 4, 2026

    MLS# 1411720 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.

    HighLights

    • Fully rented 3‑family home generating $60,600/year in income.
    • Tenants pay their own electric, heat, and hot water.
    • Updated electric, newer gutters and downspouts, and porches repaired.
    • 1‑car garage and off‑street parking.
    • Vinyl siding/windows and a roof that is about 10 years old.
    • Fully firecoded and copper water line meets City codes.

    Overview

    This is a three-family home located in Woonsocket, Rhode Island. The property is fully rented and generates $60,600 per year in income, presenting a turnkey investment opportunity. The building features vinyl siding and windows. The roof is approximately 10 years old. Updated electrical systems are in place, along with newer gutters and downspouts. Porches have been repaired. Heating is provided by two gas boilers for the first and second floors, which have baseboard heat, and a thermostatically controlled space heater on the third floor. There are three separate gas hot water tanks. The property is fully fire coded. The first-floor apartment includes three bedrooms, while the second and third-floor apartments each have two bedrooms. Tenants are responsible for their own electric, heat, and hot water expenses. A copper water line meets city codes. The property includes a one-car garage and off-street parking. The lot size is 0.0746 acres and the property size is 3,927 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.503196
    Latitude
    41.999768

    FAQs

    What type of property is this?
    Triplex - Fully rented triplex generating $60,600 yearly income in Woonsocket.
    Where is this triplex located?
    The property is located at 398 Willow Street Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: Fully rented 3‑family home generating $60,600/year in income.; Tenants pay their own electric, heat, and hot water.; Updated electric, newer gutters and downspouts, and porches repaired.
    More about this property
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