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Multifamily Property on Acreage
For Sale
$390,000

1888 Mendon Road, Woonsocket, RI 02895

The existing building is a rehabilitation project on an R2-zoned parcel in Woonsocket.

Property Size3,500 SF
Price / SF$111.43
Days on Market8

Property Features for 1888 Mendon Road

General Information

Standard status Active
Size 3,500 SF
Property subtype MultiFamily

Building Details

Year Built 1910
Listing Agency: Real Results Realty
Listed By: Michael Ouellette · License #REB.0018151
Source: Lockandkeyre
Added: Sep 29 Changed: Oct 4 Last Checked: Oct 5 at 7:24PM

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 Real Results Realty

Investment Insights

Based on property information with market context.

This 3,500-square-foot multifamily property was built in 1910 and is being offered as a rehabilitation project. The site encompasses 1.29 acres and carries R2 zoning. The property is in Woonsocket, near the Cumberland line. The listing also identifies a possible ADU or additional building as future options; these are presented as possibilities, not confirmed entitlements.

Key Highlights

  • 1.29‑acre parcel with R2 zoning
  • 3,500‑square‑foot building constructed in 1910
  • Rehabilitation project

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

246
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?
Multifamily property - The existing building is a rehabilitation project on an R2-zoned parcel in Woonsocket.
Where is this multifamily property located?
The property is located at 1888 Mendon Road Woonsocket, RI.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1.29‑acre parcel with R2 zoning; 3,500‑square‑foot building constructed in 1910; Rehabilitation project
More about this property
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