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Five-Unit Apartment Building
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247 Blackstone Street, Woonsocket, RI 02895

Updated residential income property with renovated interiors and major building-system improvements completed in 2025.

Property SizeContact for details
Days on Market142

Property Features for 247 Blackstone Street

General Information

Standard status Active
Property subtype Land

Additional Details

Public Transit Yes
Multifamily Units 5

Building Details

Year Renovated 2025
Listing Agency: Broadway Real Estate Group
Listed By: Michelle Savastano · License #REB.0016954
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:22PM

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 Broadway Real Estate Group

Investment Insights

Based on property information with market context.

Located at 247 Blackstone Street in Woonsocket, Rhode Island, this apartment building contains five units and received substantial updates in 2025. Four of the five units were turned over with refreshed kitchen cabinets, flooring, and additional interior improvements. Lead certifications were completed in 2025.

Building improvements include new vinyl siding, five new boilers, upgraded electrical panels, and exterior meters. The retaining wall was also repaired. The property is situated near amenities, schools, and public transportation, adding convenient access for residents.

Key Highlights

  • Five‑unit apartment building at 247 Blackstone Street, Woonsocket, RI 02895
  • Major renovations completed in 2025
  • Five brand‑new boilers installed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,048
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

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?
Apartment building - Updated residential income property with renovated interiors and major building-system improvements completed in 2025.
Where is this apartment building located?
The property is located at 247 Blackstone Street Woonsocket, RI.
What are key features of this property?
This property features: Five‑unit apartment building at 247 Blackstone Street, Woonsocket, RI 02895; Major renovations completed in 2025; Five brand‑new boilers installed
(401) 255-5530 Call to check price and availability
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