Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    604 Providence St Woonsocket, RI 02895

    View on Map
    Sponsored
    For Sale
    Pending
    $589,900

    MULTI_FAMILY - Woonsocket, RI

    Type:Apartment
    Lot size:
    0.11 Acres
    Days on Market:
    26
    Last Refresh:
    Mar 5 at 6:06 pm

    Property Features for 604 Providence St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Pending
    Zoning
    R3
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Basement, Bedroom 6, Bedroom 1
    Bedrooms
    6
    Bathrooms
    3
    Parking
    6
    Parking features
    Garage
    Patio and Porch features
    Porch
    Interior features
    Wall (Plaster), Attic, Attic Stairs, Attic Storage, Stairs, Plumbing (Mixed)
    Exterior features
    Balcony, Porch
    Appliances
    Dryer, Oven/Range, Refrigerator, Washer
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1907
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Hardwood, Laminate
    Building materials
    Plaster, Vinyl Siding
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Lilit Capaldi

    Empire Real Estate Group (707) 273-4543

    Listing agent Lilit Capaldi (401) 500-1538

    Listing date Feb 8, 2026

    MLS# 1400517 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.

    Learn more

    Property Insight Report

    Overview

    Updated Three-Family Home, Woonsocket

    This is a well-maintained and updated three-family home suitable for investors or owner-occupants. The property features a finished basement with additional potential, subject to buyer's due diligence. Recent improvements include a new roof, heating system, and windows. For added convenience and income, the property includes two coin-operated washers and two coin-operated dryers, already set up and functional. The property is located close to major routes, shopping, and local amenities. The lot size is 0.11 acres. The zoning is R3.
    Property Profile Insight Report 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 Building Supply Gym & Fitness Center 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
    -71.521669
    Latitude
    41.98839

    Nearby Similar for Sale

    • $695,000
      3,248 SF

      Turnkey Automotive Business Opportunity

      Profitable auto body and used car sales business for sale.
      620 Pond St, Woonsocket, RI 02895
      View Details
    • New
      $549,900
      0.22 Acres

      Updated Restaurant with Drive-Through

      Turn-key restaurant with drive-through, patio, and full basement.
      426 Cass Ave, Woonsocket, RI 02895
      View Details
    • $555,000
      0.30 Acres

      Spacious Retail Property in Woonsocket

      4,500 SF retail property with modern amenities and ample parking.
      58 Hamlet Ave, Woonsocket, RI 02895
      View Details
    • $925,000
      0.30 Acres

      Mixed-Use Property in Woonsocket, RI

      Income-producing 7-unit property with expansion potential.
      60 Rathbun St, Woonsocket, RI 02895
      View Details
    • Contact for pricing
      Pending

      Woonsocket Commercial Space For Sale

      2541 SF commercial space in Woonsocket, Rhode Island.
      1296 Park Dr E, Woonsocket, RI 02895
      View Details
    • Contact for pricing
      8,750 SF

      Signalized Corner Retail Opportunity

      Prime corner location with high visibility and flexible space.
      1081 2Nd Ave, Woonsocket, RI 02895
      View Details
    • New
      Contact for pricing
      Pending

      Woonsocket Commercial Space For Sale

      Versatile 2,400 SF commercial space in downtown Woonsocket.
      285 Main St, Woonsocket, RI 02895
      View Details
    • Contact for pricing
      1,200 SF

      Woonsocket Restaurant Space For Sale

      Commercial restaurant space with recent updates in Downtown Woonsocket.
      57 N Main St, Woonsocket, RI 02895
      View Details
    • $395,000
      Pending

      Woonsocket Manufacturing Building For Sale

      41800 sq.ft. manufacturing building in Woonsocket, Rhode Island.
      93 Hazel St, Woonsocket, RI 02895
      View Details
    • New
      Contact for pricing
      0.23 Acres

      Retail Space on Busy Street

      Retail space with parking and high visibility on busy street.
      413 Cumberland Hill Rd, Woonsocket, RI 02864
      View Details
    • New
      $299,000
      0.11 Acres

      Woonsocket Commercial Opportunity For Sale

      Commercial property with garage stalls, office space, and ample lot.
      250 Manville Rd, Woonsocket, RI 02895
      View Details
    • $584,900
      0.38 Acres

      Woonsocket Commercial Property For Sale

      Commercial property with potential for various uses and businesses.
      72 Parker St, Woonsocket, RI 02895
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family home with recent updates, ideal for investors.
    Where is this triplex located?
    The property is located at 604 Providence St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $589,900.
    What are key features of this property?
    This property features: - Turnkey 3-family home, ideal for investors or owner-occupants.; - Recent major upgrades: new roof, heating system, and windows.; - Finished basement offers additional potential (buyer to verify).
    (707) 273-4543
    Request Owner's contact information
    604 Providence St Woonsocket, RI 02895
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    604 Providence St
    Woonsocket, RI 02895
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    604 Providence St Woonsocket, RI 02895
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lilit Capaldi
    (707) 273-4543 (401) 217-4442 (401) 500-1538
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!