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Renovated Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

14 Fairmount, Woonsocket, RI 02895

Six apartments offer updated finishes, individual gas-forced-air systems, and newer gas appliances.

Property SizeContact for details
Days on Market142

Property Features for 14 Fairmount

General Information

Standard status Pending
Total Parking Spaces 9
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 6
Listing Agency: Century 21 North East Cranston
Listed By: Donald Martone · License #RI
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 6:26AM

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 Century 21 North East Cranston

Investment Insights

Based on property information with market context.

This legal six-unit apartment building at 14 Fairmount has undergone a complete renovation across all six apartments, including updated tile and finish work. The property is fully occupied and professionally managed, with month-to-month leases in place. Building systems include six gas-forced-air heating units, six newer 40-gallon water tanks, new gas appliances, and 200-amp electrical service. A fire alarm system is reported to meet code requirements, and lease, lead certification, and security-deposit documentation are available.

The property provides seven off-street parking spaces along with a detached two-car garage. Its location is approximately two minutes from Market Square, Main Street, Stadium Theatre, and the Massachusetts state line. The roof is five years old, adding a relatively recent major building improvement to the renovated apartment configuration.

Key Highlights

  • Legal six‑unit apartment building with complete renovation of all six units
  • 100% occupancy with professional management and month‑to‑month leases
  • Seven off‑street parking spaces plus a detached two‑car garage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

773
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six apartments offer updated finishes, individual gas-forced-air systems, and newer gas appliances.
Where is this apartment building located?
The property is located at 14 Fairmount Woonsocket, RI.
What are key features of this property?
This property features: Legal six‑unit apartment building with complete renovation of all six units; 100% occupancy with professional management and month‑to‑month leases; Seven off‑street parking spaces plus a detached two‑car garage
More about this property
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