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Two-Family Duplex with Vacant Unit
New
For Sale
$399,900

193 Arnold Street, Woonsocket, RI 02895

One apartment is vacant while the other is occupied under a month-to-month tenancy.

Property SizeContact for details
Days on Market4

Property Features for 193 Arnold Street

General Information

Standard status Active
Property subtype Multi-family
Lease Term []

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Listing Agency: Residential Properties Ltd
Listed By: Brent Runyon
Source: Teridegnan
Added: Sep 7 Changed: Sep 10 Last Checked: Sep 10 at 5:46AM

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 Residential Properties Ltd

Investment Insights

Based on property information with market context.

Built in 1900, this two-family duplex at 193 Arnold Street includes one vacant apartment and a second unit occupied under a month-to-month tenancy. The arrangement provides immediate access to one unit while maintaining occupancy in the other, subject to the existing tenancy.

Both apartments are served by a shared gas-fired boiler, gas hot water, and separate 100-amp circuit-breaker electrical service. The property connects to public water and sewer. Heat is paid by the owner, while residents are responsible for their own electricity.

The property is in Woonsocket, near downtown restaurants, shops, cultural attractions, and riverfront recreation. Route 146 offers connections toward Providence, Worcester, I-295, and I-495.

Key Highlights

  • Two‑family duplex built in 1900
  • One vacant apartment and one unit occupied month‑to‑month
  • Shared gas‑fired boiler and gas hot water

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Nail Salon Electrical Service Garden Center Gym & Fitness Center Spa & Massage Center

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

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,108
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
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Frequently Asked Questions

What type of property is this?
Duplex - One apartment is vacant while the other is occupied under a month-to-month tenancy.
Where is this duplex located?
The property is located at 193 Arnold Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑family duplex built in 1900; One vacant apartment and one unit occupied month‑to‑month; Shared gas‑fired boiler and gas hot water
More about this property
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