4-Unit Quadplex with
New
For Sale
$449,828
377 Vose Street, Woonsocket, RI 02895
Residential Income, Woonsocket, RI
Property Size2,416 SF
Lot Size0.13 Acres
Price / SF$186.19
Days on Market5
Property Features for 377 Vose Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Basement, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 1, Bathroom 1
Parking
7
Window features
Insulated Windows
Interior features
Wall (Cermaic), Wall (Paneled), Insulation (Unknown)
Exterior features
Balcony
Basement
Unfinished, Full
Appliances
Dryer, Oven, Range, Refrigerator, Washer, Gas Water Heater
Subdivision
Upper Park Ave
Lot features
Out Building, Paved Driveway, Sidewalks
Standard status
Active
Size
2,416 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3722
Utilities
Sewer type
Public Sewer
Heating system
Steam, Natural Gas
Water source
Public
Building Details
Year built
1926
Floors in Building
2
Number of units
4
Flooring type
Hardwood, Carpet, Tile - Ceramic, Vinyl
Building materials
Ceramic, Paneled
Listing Agency:
Residential Properties Ltd.
(401) 333-9333
Listed By:
Michael Plante
(401) 487-7600
Added: Oct 18
Changed: Oct 19
Last Checked: Oct 22 at 2:06PM
MLS# 1426207
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 2,416-square-foot quadplex in Woonsocket, Rhode Island, contains four three-room, one-bedroom apartments. Kitchens and bathrooms are provided in each unit, and hardwood flooring is present in many of the apartments. The property has natural gas heat, updated electrical service, vinyl siding, and a three-car garage. A balcony is also listed among the exterior features.
The 0.13-acre property is zoned R4 and connects to public water and public sewer. Sale terms require cash or hard-money financing.
The 0.13-acre property is zoned R4 and connects to public water and public sewer. Sale terms require cash or hard-money financing.
Key Highlights
- Four apartments, each with three rooms and one bedroom
- 2,416 square feet on a 0.13‑acre lot
- Three‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,228
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,560
$804.6K
Cap Rate 7%
$574,686
$574.7K
Cap Rate 9%
$446,978
$447.0K
Market Conditions
NOI Build-Up for 2,416 SF
Gross rent
$61.5K $25.44/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$57.5K $23.79/SF
− OpEx
−$17.2K −$7.14/SF
NOI
$40.2K $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%
$804,560
Cap Rate 7%
$574,686
Cap Rate 9%
$446,978
Alternative Uses
Best Use
Multifamily LT 5
$574.7K
$502.9K – $670.5K
NOI $40,228 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$456.1K
$399.1K – $532.1K
NOI $31,926 @ 7.0% cap · market cap 7.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
464
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom apartments feature individual kitchens and bathrooms, with gas heat serving the property.
Where is this quadplex located?
The property is located at 377 Vose Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $449,828.
What are key features of this property?
This property features: Four apartments, each with three rooms and one bedroom; 2,416 square feet on a 0.13‑acre lot; Three‑car garage
