Six-Unit Multifamily
For Sale
$899,900
271 Coe Street, Woonsocket, RI 02895
Well-maintained six-unit property with multiple 2-bedroom layouts, off-street parking, and in-unit laundry hookups.
Property Size6,480 SF
Price / SF$138.87
Days on Market67
Property Features for 271 Coe Street
General Information
Standard status
Active
Size
6,480 SF
Property subtype
General Commercial
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
6
Building Details
Year Built
1920
Listing Agency:
(401) 334-3334
Listed By:
Keller Williams Leading Edge
(401) 334-3334
Source:
Xome
Added: Jun 3
Changed: Jul 10
Last Checked: Aug 7 at 2:20AM
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 Leading Edge
Investment Insights
Based on property information with market context.
This well-maintained six-unit multifamily building offers six 2-bedroom, 1-bath units in approximately 6,480 square feet. The exterior features vinyl siding and replacement windows. Multiple units include updated kitchens and baths. Tenant-paid heat is supported by six gas meters, and electric service is tracked via seven electric meters. Tankless hot water systems are installed, and the building includes basement storage and laundry hookups.
The property provides off-street parking and covered porch areas, with newly painted common hallways. All units are currently occupied under short-term leases, and the building is positioned to support an operator looking for straightforward day-to-day management across multiple similar units.
With all units producing income and the building configured as six separate 2-bedroom residences, this asset may appeal to investors seeking operational efficiency by managing a consistent unit mix. Each unit’s utilities are separately metered for tenant-paid heat and electricity, and the presence of tankless hot water systems helps streamline hot water service for residents. The combination of recurring occupancy, off-street parking, and shared common-area upkeep provides a practical foundation for ongoing operation.
The property provides off-street parking and covered porch areas, with newly painted common hallways. All units are currently occupied under short-term leases, and the building is positioned to support an operator looking for straightforward day-to-day management across multiple similar units.
With all units producing income and the building configured as six separate 2-bedroom residences, this asset may appeal to investors seeking operational efficiency by managing a consistent unit mix. Each unit’s utilities are separately metered for tenant-paid heat and electricity, and the presence of tankless hot water systems helps streamline hot water service for residents. The combination of recurring occupancy, off-street parking, and shared common-area upkeep provides a practical foundation for ongoing operation.
Key Highlights
- 6‑unit multifamily built in 1920 with six 2‑bedroom, 1‑bath units
- Approx. 6,480 SF total with off‑street parking (6 spaces)
- Replacement windows and vinyl siding
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained six-unit property with multiple 2-bedroom layouts, off-street parking, and in-unit laundry hookups.
Where is this apartment building located?
The property is located at 271 Coe Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 6‑unit multifamily built in 1920 with six 2‑bedroom, 1‑bath units; Approx. 6,480 SF total with off‑street parking (6 spaces); Replacement windows and vinyl siding
