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8-Unit Apartment Building
For Sale
$1,150,000

139 E School Street, Woonsocket, RI 02895

Fully occupied at market rents, the property is professionally managed and tenants pay gas, electric, water, and sewer.

Property SizeContact for details
Days on Market97

Property Features for 139 E School Street

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Commercial
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $6,179

Amenities

on-site storage

Building Details

Year Built 1930
Buildings 1
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth · License #REB.0019335
Source: Berettarealty
Added: Jul 23 Changed: Oct 25 Last Checked: Oct 26 at 3:41AM

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 Limitless

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Investment Insights

Based on property information with market context.

Built in 1930, this eight-unit apartment property is fully occupied at market rents and professionally managed. Tenants pay gas, electric, water, and sewer. The site includes on-site storage and a recently installed parking lot with ample off-street spaces.

The property is in Woonsocket, near Diamond Hill Road, Mendon Road, and Route 146, with access toward Providence and Worcester. Landmark Medical Center, downtown Woonsocket, River Island Art Park, and World War II Veterans Memorial State Park are nearby. The Massachusetts border is also a short distance away.

Key Highlights

  • Eight apartment units
  • 100% occupied at market rate rents
  • Professionally managed

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,022
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied at market rents, the property is professionally managed and tenants pay gas, electric, water, and sewer.
Where is this apartment building located?
The property is located at 139 E School Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Eight apartment units; 100% occupied at market rate rents; Professionally managed
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