226 S MAIN ST Woonsocket, RI 02895
Seven-unit multifamily property offering value-add potential.
- Added:
- May 19, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 28 at 10:03 am
Property Features for 226 S MAIN ST
General Information
- Standard status
- Active
- Size
- 3,860 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing office Keller Williams Realty Leading
Listing date May 19, 2026
Source Crexi
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 Keller Williams Realty Leading
Investment Insights
Based on property information with market context.
Key Highlights
- Value add opportunity
- 7 Units
- Built in 1900
Local Financial Insights For Apartment 5plus
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 | $98.7k | $25.56 |
| − Vacancy | −$5.9k | −$1.53 |
| EGI | $92.7k | $24.03 |
| − OpEx | −$41.7k | −$10.81 |
| NOI | $51.0k | $13.21 |
