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Three-Unit Property with Commercial Space
For Sale
$690,000

256 Woonasquatucket Avenue North, Providence, RI 02911

Three-level income property combines a commercial first-floor space with two updated residential apartments and separate utilities.

Property SizeContact for details
Days on Market77

Property Features for 256 Woonasquatucket Avenue North

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Utilities to Site Yes

Amenities

separate utilities
basement
Baseboard
Forced Air
Gas
Central Air
Electric Water Heater
Gas Water Heater
Oven
Range
Refrigerator
Sewer Connected

Building Details

Year Built 1920
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Century 21 Limitless
Listed By: Pacheco Homes Team
Source: Kw
Added: Jun 24 Changed: Sep 6 Last Checked: Sep 8 at 10:10AM

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 Century 21 Limitless

Investment Insights

Based on property information with market context.

This 1920-built triplex includes a commercial first-floor unit and two residential apartments. Unit 1 measures 1,820 square feet and is configured for commercial use under CG zoning, with a full bathroom, central air, large windows, and 12-foot ceilings. The space is currently operating as a hair salon. Separate utilities serve each unit, supporting distinct occupancy and management arrangements.

The second-floor apartment contains 1,212 square feet, four bedrooms, and one full bathroom, with modern updates and current rental income. The third-floor residence offers another 1,212 square feet, four bedrooms, and one full bathroom, along with updated finishes and a move-in-ready condition. A large basement provides additional storage. The property is located at 256 Woonasquatucket Avenue, North, Providence, RI 02911, with access for commuting to Boston and Providence.

Key Highlights

  • Three‑unit property with commercial first‑floor space and two residential apartments
  • First‑floor Unit 1 offers 1,820 sq ft, CG zoning, central air, and 12‑foot ceilings
  • Second‑floor Unit 2 includes 1,212 sq ft, 4 bedrooms, and 1 full bath

Property Analytics

Current Use

Silience Clothing Store RNNRS Clothing & Fashion Store Gutpros Group Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Food Market Gym & Fitness Center Acupuncture

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

Demographics for 02911, RI

16,384
Population
6,894
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,554
Density / Sq Mi
$85,803
Median Household Income
$53,209
Median Earnings
$1,480
Median Rent
$319,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-level income property combines a commercial first-floor space with two updated residential apartments and separate utilities.
Where is this triplex located?
The property is located at 256 Woonasquatucket Avenue North Providence, RI.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Three‑unit property with commercial first‑floor space and two residential apartments; First‑floor Unit 1 offers 1,820 sq ft, CG zoning, central air, and 12‑foot ceilings; Second‑floor Unit 2 includes 1,212 sq ft, 4 bedrooms, and 1 full bath
More about this property
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