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    311 Elm St Woonsocket, RI 02895

    For Sale
    $610,000

    Multi-family home in Woonsocket, RI, ideal for investment.

    Lot size:
    0.28 Acres

    Property Features for 311 Elm St

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1863

    Source: Coldwell Banker Realty Agent Alexander Parmenidez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Queen Anne Victorian Multi-Family Home

    This multi-family home at 311 Elm Street in Woonsocket, RI, presents an investment opportunity. The grand Queen Anne Victorian property features over 4,000 sq. ft. of living space distributed across three units. The building includes a total of 11 bedrooms and 4 full baths. Architectural details include elegant double parlors, a formal dining room, original hardwood floors, detailed trim, and period woodwork. Each unit has separate utilities and flexible floor plans. The property's location is near downtown Woonsocket, with proximity to schools, shopping, parks, and public transportation. It also offers convenient access to Providence and the Massachusetts state line. The property is suited for multi-generational living or rental income.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4982115
    Latitude
    42.0069875

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    FAQs

    What type of property is this?
    Multifamily property - Multi-family home in Woonsocket, RI, ideal for investment.
    Where is this multifamily property located?
    The property is located at 311 Elm St Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $610,000.
    What are key features of this property?
    This property features: - Grand Queen Anne Victorian with over 4,000 sq. ft. of living space.; - Multi-family home featuring three units, 11 bedrooms, and 4 full baths.; - Ideal for multi-generational living or rental income.
    (401) 426-4458
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    311 Elm St 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
    311 Elm St Woonsocket, RI 02895
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