Two-Unit Duplex with In-Unit
New
For Sale
$374,900
122 Willow Street, Woonsocket, RI 02895
Separate utility services and dedicated laundry serve both residences.
Property Size1,770 SF
Price / SF$211.81
Days on Market7
Property Features for 122 Willow Street
General Information
Standard status
Active
Size
1,770 SF
Property subtype
Multi-Unit (2-4)
Additional Details
Multifamily Units
2
Amenities
big back yard
separate utilities
low maintenance exterior
in-unit laundry
Lot Size Acres: 0.13, Lot Size Square Feet: 5486
Total Taxes: $3,677, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Hardwood Floor, Laminate Floor, Tile Floor
Forced Air Heating, Gas Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-10-08
Basement Type: Full, Unfinished
5 Bedrooms
Residential Style: Other, 2 Stories, 9 Rooms
Above Area Square Feet: 1770
2 Full Baths
Water Source: Other
Amps: 100
Vinyl Siding
Listing Agency:
Your Home Sold Guaranteed Realty, The Nathan Clark Team
Listed By:
Rachel Sanville
(401) 232-7661
Source:
Doyle-realty
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 12 at 8:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Your Home Sold Guaranteed Realty, The Nathan Clark Team
Investment Insights
Based on property information with market context.
At 122 Willow Street in Woonsocket, this duplex contains two units totaling 1,770 square feet, with five bedrooms and two full bathrooms. Both residences have their own laundry facilities and separate utilities. The interior is partially updated, and the exterior is described as low maintenance.
The property also includes a large backyard, providing outdoor space behind the building. Its two-unit configuration and shared five-bedroom, two-bathroom count define the overall layout.
The property also includes a large backyard, providing outdoor space behind the building. Its two-unit configuration and shared five-bedroom, two-bathroom count define the overall layout.
Key Highlights
- Two units with a combined 1,770 square feet
- Five bedrooms and two full bathrooms across the property
- Laundry facilities and separate utilities in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,471
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,420
$589.4K
Cap Rate 7%
$421,014
$421.0K
Cap Rate 9%
$327,456
$327.5K
Market Conditions
NOI Build-Up for 1,770 SF
Gross rent
$45.0K $25.44/SF
− Vacancy
−$2.9K −$1.65/SF
EGI
$42.1K $23.79/SF
− OpEx
−$12.6K −$7.14/SF
NOI
$29.5K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,420
Cap Rate 7%
$421,014
Cap Rate 9%
$327,456
Alternative Uses
Best Use
Multifamily LT 5
$421.0K
$368.4K – $491.2K
NOI $29,471 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$334.1K
$292.4K – $389.8K
NOI $23,390 @ 7.0% cap · market cap 6.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,589
Businesses Nearby
Explore this area
Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility services and dedicated laundry serve both residences.
Where is this duplex located?
The property is located at 122 Willow Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two units with a combined 1,770 square feet; Five bedrooms and two full bathrooms across the property; Laundry facilities and separate utilities in each unit
