Well-Maintained Two-Family
154 Mount Saint Charles Avenue, Woonsocket, RI 02895
New
Other - Woonsocket, RI
Type:Multi Family
Property size:
2,664 SFLot size:
0.17 AcresPrice / SF:
$187/SF- Added:
- Jun 9, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 15 at 3:06 am
Property Features for 154 Mount Saint Charles Avenue
General Information
- Property type
- Other
- Property subtype
- Multi Family
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 5
- Parking features
- Garage, Paved or Surfaced
- Appliances
- Dishwasher, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 154MOUNTSAINTCHARLESAVWOON
- Size
- 2,664 SF
- Lot size
- 0.17 Acres
Utilities
- Heating system
- Hot Water (Heating), Natural Gas
- Cooling system
- Multi Units, Window Unit(s)
Building Details
- Year built
- 1952
- Flooring type
- Carpet, Laminate, Vinyl
- Architectural style
- Other
Listing agent The DiSpirito Team (401) 244-8355
Listing office Engel & Völkers East Greenwich 247 Main Street, East Greenwich, RI (401) 638-0010
Listing date Jun 9, 2026
MLS# 1414685
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family home built in 1952 with two separate units, each offering eat‑in kitchen space
- Owner’s unit features 4 bedrooms and 1.5 bathrooms with a spacious living room and eat‑in kitchen
- Finished lower level includes a private primary suite with a half bath, additional bedroom, family room, and storage/utility area
- Second unit offers a 2‑bedroom layout with a bright eat‑in kitchen and a newly renovated full bathroom
- Amenities include natural gas heating, hot water (heating), and window unit(s) cooling
- Parking includes a garage and paved/surfaced parking, plus walkout access to a fenced backyard and patio
Overview
This well-maintained two-family home offers two distinct living areas with privacy and practical everyday space. The owner’s unit is laid out like a single-family home, featuring four bedrooms and 1.5 bathrooms. Highlights include a spacious eat-in kitchen with abundant cabinetry and prep space, a sun-filled living room, a full bath, and two generously sized bedrooms on the main level. The finished lower level adds a private primary suite with a half bath, a fourth bedroom, an additional family room, and a large storage/utility area with walkout access to the backyard. Outside, you’ll find a beautifully maintained, fenced backyard and an inviting patio.
The second unit is positioned for privacy and includes two bedrooms and a bright eat-in kitchen. It also features a newly renovated full bathroom. The property is located at 154 Mount Saint Charles Avenue in Woonsocket, near major highways and everyday conveniences.
For tenants or buyers, the layout supports straightforward dual-occupancy use, with an expanded, owner-friendly arrangement above a finished lower level, plus a separate, comfortable two-bedroom unit. The combination of indoor flexibility and direct outdoor access through the lower level makes the home appealing for long-term comfort, while the two-unit configuration supports income-producing possibilities.
The second unit is positioned for privacy and includes two bedrooms and a bright eat-in kitchen. It also features a newly renovated full bathroom. The property is located at 154 Mount Saint Charles Avenue in Woonsocket, near major highways and everyday conveniences.
For tenants or buyers, the layout supports straightforward dual-occupancy use, with an expanded, owner-friendly arrangement above a finished lower level, plus a separate, comfortable two-bedroom unit. The combination of indoor flexibility and direct outdoor access through the lower level makes the home appealing for long-term comfort, while the two-unit configuration supports income-producing possibilities.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.8k | $25.44 |
| − Vacancy | −$4.4k | −$1.65 |
| EGI | $63.4k | $23.79 |
| − OpEx | −$19.0k | −$7.14 |
| NOI | $44.4k | $16.65 |
2,664 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.7K
$554.5K – $739.3K
NOI $44,357 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$502.9K
$440.0K – $586.7K
NOI $35,203 @ 7.0% cap · market cap 7.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.499016
- Latitude
- 41.995308
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Maintained two-family residence with flexible living space, including a finished lower level and a private, fenced backyard.
Where is this duplex located?
The property is located at 154 Mount Saint Charles Avenue Woonsocket, RI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑family home built in 1952 with two separate units, each offering eat‑in kitchen space; Owner’s unit features 4 bedrooms and 1.5 bathrooms with a spacious living room and eat‑in kitchen; Finished lower level includes a private primary suite with a half bath, additional bedroom, family room, and storage/utility area
