167 2nd Avenue Woonsocket, RI 02895
MULTI_FAMILY - Woonsocket, RI
Property Features for 167 2nd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 8, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Basement, Bedroom 7, Bedroom 6
- Parking
- 6
- Parking features
- None
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 3,070 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6036
Utilities
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1880
- Number of units
- 3
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- Wood
Listing agent Kyle Seyboth License #REC.0005226 (508) 726-3492
Listing office Century 21 Limitless 969 Waterman Avenue, Suite 1, East Providence, RI (508) 567-3468
Listing date Jul 15, 2026
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.
Located at 167 2nd Avenue in Woonsocket, the property is described as convenient to schools, parks, and everyday amenities, with easy access to Route 146 for commuting to Providence and Worcester. The remarks also note proximity to River Island Art Park and World War II Veterans Memorial State Park, and proximity to Diamond Hill Road, Mendon Road, Landmark Medical Center, shopping, dining, and schools, with quick access to the Massachusetts border.
Key Highlights
- Two properties on one lot: a single‑family home plus a duplex
- Single‑family home offers 3 bedrooms and 1.5 bathrooms
- Duplex includes one 4‑bedroom unit and one 1‑bedroom unit
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 | $78.1k | $25.44 |
| − Vacancy | −$5.1k | −$1.65 |
| EGI | $73.0k | $23.79 |
| − OpEx | −$21.9k | −$7.14 |
| NOI | $51.1k | $16.65 |
