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Woonsocket Duplex: Value-Add Opportunity

481 N Main Street Woonsocket, RI 02895

Claim this Listing
Pending
$245,000

MULTI_FAMILY - Woonsocket, RI

Type:Apartment
Property size:
5,906 SF
Lot size:
0.12 Acres
Added:
Mar 11, 2026
Days on Market:
123
Last Refresh:
Jul 11 at 6:06 pm

Property Features for 481 N Main Street

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Basement, Bedroom 2, Bedroom 6
Parking
4
Parking features
Garage
Basement
Unfinished, Full
Standard status
Pending
Size
5,906 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
4662
Tax Annual Amount
2025

Utilities

Heating system
Steam, Oil

Building Details

Year built
1914
Number of units
2
Building materials
Vinyl Siding

Listing agent Kyle Seyboth License #REC.0005226

Listing office Century 21 Limitless 969 Waterman Avenue, Suite 1, East Providence, RI

Listing date Mar 11, 2026

MLS# 1406230 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 six-bedroom, two-bathroom duplex in Woonsocket presents a value-add opportunity for investors, flippers, and landlords. The property features a two-bedroom, one-bathroom first-floor unit and a four-bedroom, one-bathroom townhouse-style unit spanning the second and third floors. This layout is designed to maximize rental income after renovation. The property offers potential for forced appreciation, resale, or long-term cash flow with improvements. Highlights include off-street driveway parking and a large unit layout. The property is sold as-is. It is conveniently located near North Main Street amenities, shopping, restaurants, and major commuter routes, including I-146. This property is an investor project.

Key Highlights

  • Strong value‑add opportunity through renovation and forced appreciation.
  • Duplex configuration with a 2 bed/1 bath unit and a 4 bed/1 bath townhouse‑style unit.
  • Potential for maximizing rental income after renovation.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Garden Center (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Daycare Center Electrical Service Acupuncture

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

FAQs

What type of property is this?
Duplex - Six-bedroom duplex in Woonsocket offers renovation and income potential.
Where is this duplex located?
The property is located at 481 N Main Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Strong value‑add opportunity through renovation and forced appreciation.; Duplex configuration with a 2 bed/1 bath unit and a 4 bed/1 bath townhouse‑style unit.; Potential for maximizing rental income after renovation.
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More about this property
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