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Townhouse-Style Duplex Home
For Sale
$499,900

553 Fairmount Street, Woonsocket, RI 02895

Two-family duplex with a spacious townhouse-style unit, off-street parking, and a backyard.

Property SizeContact for details
Days on Market13

Property Features for 553 Fairmount Street

General Information

Standard status Active
Property subtype Multi-family
Lease Term []

Additional Details

Highway Access Yes

Building Details

Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: J. Christopher Real Estate Grp
Listed By: The Jarrod Lewis Group
Source: Teridegnan
Added: Jul 26 Changed: Jul 30 Last Checked: Aug 7 at 2:05AM

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 J. Christopher Real Estate Grp

Investment Insights

Based on property information with market context.

This meticulously maintained duplex features two distinct living spaces, including a 2-bedroom first-floor apartment and a spacious 4-bedroom townhouse-style second- and third-floor unit. The first-floor unit is 1,100 square feet, while the townhouse-style unit spans 1,695 square feet, offering a layout and feel similar to a single-family home.

The property was built in 1920 and has been thoughtfully maintained over the years. Updates include a young roof, along with ample off-street parking. A backyard adds an outdoor area for relaxing or entertaining.

Conveniently located near shopping, restaurants, schools, parks, and major highways, this duplex is designed to be move-in ready while providing flexible options for an owner-occupant or an investor.

Key Highlights

  • 2‑bedroom, 1,100 SF first‑floor apartment
  • 4‑bedroom, 1,695 SF townhouse‑style second- and third‑floor unit
  • Townhouse‑style configuration across the upper floors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Law Firm Parking Lot & Garage Gym & Fitness 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

288
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family duplex with a spacious townhouse-style unit, off-street parking, and a backyard.
Where is this duplex located?
The property is located at 553 Fairmount Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2‑bedroom, 1,100 SF first‑floor apartment; 4‑bedroom, 1,695 SF townhouse‑style second- and third‑floor unit; Townhouse‑style configuration across the upper floors
More about this property
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