Two-Unit Duplex with Finished
New
For Sale
$369,000
25 Union Street, Woonsocket, RI 02985
Residential Income, Woonsocket, RI
Property Size1,678 SF
Lot Size0.15 Acres
Price / SF$219.90
Days on Market5
Property Features for 25 Union Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking
4
Parking features
None
Basement
Finished, Full
Appliances
Gas Water Heater
Subdivision
Bernon
Standard status
Active
Size
1,678 SF
Lot size
0.15 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Steam, Baseboard, Oil
Water source
Public
Amenities
backyard
partially finished basement
off-street parking
Building Details
Year built
1920
Number of units
2
Flooring type
Hardwood, Laminate, Vinyl, Tile - Ceramic
Building materials
Aluminum Siding
Listing Agency:
Circle 100 Real Estate
(401) 336-6083
Listed By:
Yamanda Perez Jimenez · License #RES.0044610
(401) 523-4983
Added: Nov 2
Changed: Nov 3
Last Checked: Nov 6 at 3:06PM
MLS# 1427649
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.
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Investment Insights
Based on property information with market context.
This 1,678-square-foot duplex, built in 1920, contains two apartments, each with two bedrooms. The second-floor unit is currently rented. A partially finished basement adds usable interior space. Exterior construction includes aluminum siding, and interior flooring includes hardwood, laminate, vinyl, and ceramic tile. Heating is provided by steam and baseboard systems with oil fuel; the property also has a gas water heater.
The parcel covers 0.15 acres in Woonsocket, Rhode Island.
The parcel covers 0.15 acres in Woonsocket, Rhode Island.
Key Highlights
- Two apartments, each configured with 2 bedrooms
- 1,678 square feet of building area
- 0.15‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,940
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,800
$558.8K
Cap Rate 7%
$399,143
$399.1K
Cap Rate 9%
$310,444
$310.4K
Market Conditions
NOI Build-Up for 1,678 SF
Gross rent
$42.7K $25.44/SF
− Vacancy
−$2.8K −$1.65/SF
EGI
$39.9K $23.79/SF
− OpEx
−$12.0K −$7.14/SF
NOI
$27.9K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,800
Cap Rate 7%
$399,143
Cap Rate 9%
$310,444
Alternative Uses
Best Use
Multifamily LT 5
$399.1K
$349.3K – $465.7K
NOI $27,940 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$316.8K
$277.2K – $369.6K
NOI $22,174 @ 7.0% cap · market cap 6.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Woonsocket, RI
Properties on Market for Duplexes in Woonsocket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate two-bedroom apartments include a second-floor unit currently producing rental income.
Where is this duplex located?
The property is located at 25 Union Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Two apartments, each configured with 2 bedrooms; 1,678 square feet of building area; 0.15‑acre parcel
