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Triplex with Three-Car Garage
For Sale
$449,000

388 Wood Avenue, Woonsocket, RI 02895

Three-unit property with vinyl windows, siding, a newer roof, and off-street parking.

Property Size3,310 SF
Price / SF$135.65
Days on Market13

Property Features for 388 Wood Avenue

General Information

Standard status Active
Size 3,310 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Needs some cosmetic rehab

Additional Details

Multifamily Units 3

Building Details

Year Built 1910
Listing Agency: Godin Realty Group, LLC
Listed By: Jules Godin · License #29686
Source: Onshorerealtors
Added: Sep 15 Last Checked: Sep 26 at 4:09AM

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 Godin Realty Group, LLC

Investment Insights

Based on property information with market context.

Located at 388 Wood Avenue in Woonsocket, this 3,310-square-foot triplex was built in 1910 and offers three residential units. The property includes vinyl windows and siding, along with a newer roof and hot water heater. A three-car garage and additional off-street parking support the property’s functionality.

The property is situated near the Massachusetts line. Cosmetic rehabilitation is needed, and the sale is offered as-is. The property will not qualify for FHA 203B financing.

Key Highlights

  • 3,310 SF triplex built in 1910
  • Newer roof and hot water heater
  • Vinyl windows and siding

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Garden Center Bakery Acupuncture Electrical Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

977
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
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

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

What type of property is this?
Triplex - Three-unit property with vinyl windows, siding, a newer roof, and off-street parking.
Where is this triplex located?
The property is located at 388 Wood Avenue Woonsocket, RI.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 3,310 SF triplex built in 1910; Newer roof and hot water heater; Vinyl windows and siding
More about this property
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