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16-Unit Apartment Building Package
For Sale
$2,400,000

471 Pond Street, Woonsocket, RI 02895

Commercial/Business,Commercial Sale, Woonsocket, RI

Property SizeContact for details
Lot Size0.28 Acres
Days on Market20

Property Features for 471 Pond Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 16
Lot features Urban
Standard status Active
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11421

Building Details

Year built 1930
Building materials Frame
Listing Agency: Century 21 Limitless · Century 21 Real Estate
Listed By: Kyle Seyboth · License #32535
Added: Aug 7 Changed: Aug 19 Last Checked: Aug 26 at 6:06AM
MLS# 1420119

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.

This multifamily offering combines three frame apartment buildings containing 16 units. The package includes two six-unit buildings at 471-485 Pond Street and a separate four-unit building at 18 Laundry Street. The properties were built in 1930 and include off-street parking.

The portfolio is situated in Woonsocket near restaurants, grocery stores, shopping, schools, healthcare, parks, and neighborhood services. Downtown Woonsocket, River Island Art Park, World War II Veterans Memorial State Park, and Landmark Medical Center are also nearby. Regional access includes Route 146, Diamond Hill Road, and Mendon Road, with connections toward Providence, Worcester, and the Massachusetts border.

Key Highlights

  • Three‑building apartment package with 16 total units
  • Two 6‑unit buildings at 471‑485 Pond Street
  • Separate 4‑unit building at 18 Laundry Street

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Garden Center (Bike/Boat/Book/etc) Store Spa & Massage Center

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

16
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,022
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-building residential portfolio with off-street parking and access to neighborhood services.
Where is this apartment building located?
The property is located at 471 Pond Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Three‑building apartment package with 16 total units; Two 6‑unit buildings at 471‑485 Pond Street; Separate 4‑unit building at 18 Laundry Street
More about this property
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