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    64 Harrison Ave Woonsocket, RI 02895

    Pending
    For Sale
    $1,675,000

    Apartment,Commercial - Woonsocket, RI

    Property size:
    12,336 SF
    Days on Market:
    50
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 64 Harrison Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking
    20
    Exterior features
    Downtown, Free Standing
    Size
    12,336 SF

    Utilities

    Heating system
    Baseboard, Steam

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    1
    Building materials
    Frame
    Architectural style
    Other

    Keller Williams Realty Leading Edge (401) 333-4900 [email protected]

    Listing agent Spectrum Real Estate Consultants Team (401) 333-4900

    Listing date Oct 17, 2025

    MLS# 1392507 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 multifamily investment property, located in Woonsocket, Rhode Island, features 12 units situated on nearly one acre of land within an opportunity zone. The property generates over $200,000 annually in rental income with potential for increased revenue. Both buildings have been updated with new boilers and hot water tanks. Eleven of the twelve units have new bathtubs and vanities. Building #58 has undergone a complete remodel, including new kitchen cabinets, appliances, flooring, fixtures, and paint. Structural supports have been added in the basement, which also features freshly poured concrete floors and parged walls. In Building #64, three of the six units have been completely remodeled. Additional improvements include new concrete skirting and a drainage system around both buildings, as well as coin-operated laundry facilities in each building. Lead certificates have been obtained. The property is fully firecoded and offers ample parking, making it a potentially suitable long-term investment.
    Property Profile 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
    -71.505443
    Latitude
    42.003156

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    FAQs

    What type of property is this?
    Apartment building - Twelve-unit multifamily property with income potential in Woonsocket, Rhode Island.
    Where is this apartment building located?
    The property is located at 64 Harrison Ave Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: - Generates over $200,000 in annual rental income with potential for growth.; - 12 units on almost an acre of land in a Woonsocket, RI opportunity zone.; - Significant recent renovations including new boiler, hot water tanks, bathtubs, and vanities in 11 of 12 units.
    (401) 333-4900
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    64 Harrison Ave 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
    64 Harrison Ave Woonsocket, RI 02895
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