Five-Unit Brick Apartment
New
For Sale
$565,000
558 East School, Woonsocket, RI 02895
Income-producing multifamily property with a varied unit mix, individual utility metering, and on-site laundry equipment.
Property Size4,825 SF
Price / SF$117.10
Days on Market6
Property Features for 558 East School
General Information
Standard status
Active
Size
4,825 SF
Property subtype
Commercial
Units
Unit Mix
1 x 2BR, 4 x 1BR
Multifamily Units
5
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,016
Amenities
coin-operated washer and dryer
Baseboard Heating
Circuit Breakers
Common Area
Hot Water Heating
Zoned Heating
Building Details
Year Built
1900
Buildings
1
Construction
brick
Listing Agency:
RE/MAX TOWN & COUNTRY
(401) 333-0020
Listed By:
BLANCHET GROUP
(401) 335-3344
Source:
Corcoran
Added: Sep 21
Changed: Sep 25
Last Checked: Sep 24 at 10:13AM
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 RE/MAX TOWN & COUNTRY
Investment Insights
Based on property information with market context.
This 4,825-square-foot brick apartment building contains five units: one two-bedroom apartment and four one-bedroom apartments. Each unit is equipped with a range and refrigerator. Building improvements include vinyl replacement windows, natural gas heating and hot water, and a roof approximately 5 years old. Gas and electric service are separately metered, while laundry amenities include coin-operated equipment. The property is fully fire-coded and was built in 1900.
Located in Woonsocket near shopping, restaurants, public transportation, and everyday services, the building offers a residential income property configuration with established physical improvements. The owner currently pays all utilities, a documented operating characteristic for future management review.
Located in Woonsocket near shopping, restaurants, public transportation, and everyday services, the building offers a residential income property configuration with established physical improvements. The owner currently pays all utilities, a documented operating characteristic for future management review.
Key Highlights
- Five‑unit configuration with one 2‑bedroom apartment and four 1‑bedroom apartments
- 4,825‑square‑foot brick apartment building
- Roof approximately 5 years old
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,295
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing multifamily property with a varied unit mix, individual utility metering, and on-site laundry equipment.
Where is this apartment building located?
The property is located at 558 East School 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: Five‑unit configuration with one 2‑bedroom apartment and four 1‑bedroom apartments; 4,825‑square‑foot brick apartment building; Roof approximately 5 years old
