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Five-Unit Brick Apartment Building
New
For Sale
$565,000

558 E School Street, Woonsocket, RI 02895

Commercial/Business,Commercial Sale, Woonsocket, RI

Property Size4,825 SF
Lot Size0.04 Acres
Price / SF$117.10
Days on Market2

Property Features for 558 E School Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R4
Parking 1
Interior features Ceiling Height (7 to 9 Ft)
Subdivision Social
Lot features Paved, Sidewalks, Urban
Standard status Active
Size 4,825 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7016

Utilities

Heating system Zoned, Baseboard

Building Details

Year built 1900
Floors in Building 3
Building materials Brick
Listing Agency: Re/Max Town & Country · RE/MAX International
Listed By: Blanchet Group
Added: Sep 21 Last Checked: Sep 22 at 3:06AM
MLS# 1423203

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 5-unit brick apartment building contains one 2-bedroom residence and four 1-bedroom residences, with a total property size of 4,825 square feet. Each apartment includes a range and refrigerator. The building has vinyl replacement windows, a roof approximately 5 years old, natural gas heat and hot water, and zoned baseboard heating. Gas and electric service are separately metered, while the owner currently pays all utilities. A coin-operated washer and dryer and fully fire-coded construction add practical operating features.

The property sits on 0.04 acres in Woonsocket and is zoned R4. Shopping, restaurants, public transportation, and everyday amenities are located nearby. Built in 1900, the building also includes a durable brick exterior and ceiling heights between 7 and 9 feet.

Key Highlights

  • 5‑unit apartment building with one 2‑bedroom and four 1‑bedroom units
  • 4,825 square feet on 0.04 acres
  • Brick construction with a roof approximately 5 years old

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Bakery Acupuncture Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,295
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - R4-zoned property with one two-bedroom and four one-bedroom apartments.
Where is this apartment building located?
The property is located at 558 E School Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 5‑unit apartment building with one 2‑bedroom and four 1‑bedroom units; 4,825 square feet on 0.04 acres; Brick construction with a roof approximately 5 years old
More about this property
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