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Six-Unit Apartment Building
For Sale
$899,900
Pending

271 Coe Street, Woonsocket, RI 02895

MULTI_FAMILY - Woonsocket, RI

Property Size9,360 SF
Lot Size0.09 Acres
Days on Market53

Property Features for 271 Coe Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 9, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 11, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 6, Bedroom 12, Bedroom 10, Bathroom 1, Basement, Bedroom 3, Bathroom 6, Bedroom 5
Parking 6
Parking features None
Patio and Porch features Porch
Interior features Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
Exterior features Balcony, Porch
Basement Storage Space, Full, Unfinished
Appliances Gas Water Heater
Standard status Pending
Size 9,360 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7404

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

off-street parking
covered porch areas
basement storage
laundry hookups

Building Details

Year built 1920
Floors in Building 3
Number of units 4
Flooring type Carpet, Vinyl, Hardwood
Building materials Dry Wall, Plaster, Vinyl Siding
Listing Agency: Keller Williams Leading Edge · Keller Williams Realty
Listed By: Spectrum Real Estate Consultants Team
Added: Jun 16 Changed: Aug 1 Last Checked: Aug 7 at 10:06PM
MLS# 1415517

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.

Investment Insights

Based on property information with market context.

Well-maintained six-unit apartment building with all units configured as two-bedroom, one-bath residences. The property includes vinyl siding and replacement windows, along with updated kitchens and baths in multiple units. Tenant-paid heat supports a gas-fired heating setup, and each unit has access to tankless hot water systems. The building also features covered porch areas, newly painted common hallways, basement storage, and laundry hookups.

Utility metering includes six gas meters and seven electric meters. Off-street parking is included, and the property is fully occupied with all short-term leases in place.

Built in 1920 with public water and public sewer, this is a straightforward, all-unit multifamily offering for investors focused on operational efficiency and immediate income.

Key Highlights

  • Six units with 2‑bedroom, 1‑bath layouts
  • Tankless hot water systems throughout
  • Tenant‑paid heat with natural gas heating

Property Analytics

Current Use

Casey's Holliston masslapa Atm

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Parking Lot & Garage Accounting Firm Kitchen & Bath Showroom

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

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

412
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six 2-bedroom, 1-bath units with tankless hot water, tenant-paid heat, and updated kitchens and baths throughout.
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: Six units with 2‑bedroom, 1‑bath layouts; Tankless hot water systems throughout; Tenant‑paid heat with natural gas heating
More about this property
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