5-Unit Apartment Building with
For Sale
$725,000
Pending
145 Burnside Avenue, Woonsocket, RI 02895
Commercial/Business,Commercial Sale, Woonsocket, RI
Property SizeContact for details
Lot Size0.12 Acres
Days on Market59
Property Features for 145 Burnside Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
6
Lot features
Suburban
Standard status
Pending
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5130
Building Details
Year built
1914
Floors in Building
3
Listing Agency:
Exp Realty
(888) 315-3445
Listed By:
Kimberly Rodrigues · License #451504057
(774) 291-2880
Added: Jun 29
Changed: Aug 19
Last Checked: Aug 26 at 7:06AM
MLS# 1417296
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit apartment property sits on 0.12 acres and was built in 1914. Four apartments have been updated and are ready for occupancy, while the remaining unit requires a heating-system upgrade and limited cosmetic work. Separate utility service, off-street parking, and a detached two-car garage support the property’s operating configuration. The sale is offered as-is, and the porches require repair.
Current performance is reported at a 9.2% cap rate, with projected performance of approximately 11.3% after the identified unit improvements. The property is near major highways, shopping, and public transportation in Woonsocket, Rhode Island.
Current performance is reported at a 9.2% cap rate, with projected performance of approximately 11.3% after the identified unit improvements. The property is near major highways, shopping, and public transportation in Woonsocket, Rhode Island.
Key Highlights
- Five‑unit multifamily property on 0.12 acres
- Built in 1914
- Four of five units are updated and rent‑ready
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,177
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mostly renovated multifamily property with separate utilities, off-street parking, and additional garage storage.
Where is this apartment building located?
The property is located at 145 Burnside Avenue Woonsocket, RI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Five‑unit multifamily property on 0.12 acres; Built in 1914; Four of five units are updated and rent‑ready
