Tenanted Multifamily Property with
For Sale
$659,000
668 Grove Street, Woonsocket, RI 02895
Fully tenanted residential income property with a current Lead Certificate and recent hot water system improvements.
Property Size7,808 SF
Price / SF$84.40
Days on Market10
Property Features for 668 Grove Street
General Information
Standard status
Active
Size
7,808 SF
Total Parking Spaces
6
Property subtype
MultiFamily
Occupancy
100%
Additional Details
Cap Rate
6.5%
Building Details
Year Built
1922
Listing Agency:
Boucher Real Estate
(401) 766-2200
Listed By:
Gregory Smith · License #RES.0042933
(401) 439-6964
Source:
Lockandkeyre
Added: Sep 1
Changed: Sep 10
Last Checked: Sep 10 at 5:55AM
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 Boucher Real Estate
Investment Insights
Based on property information with market context.
668 Grove Street is a multifamily property built in 1922 and currently fully tenanted. The asset carries a current Lead Certificate, addressing an important compliance requirement for the residential improvements. Four new hot water tanks have been installed as part of recent capital improvements, updating a key mechanical component.
A rear six-stall garage provides dry storage space and offers income potential beyond the residential units. The property is located in Woonsocket, Rhode Island, and is reported at a 6–6.5% cap rate. Interested parties should be prepared to discuss financing and timing before detailed P&L information is shared.
A rear six-stall garage provides dry storage space and offers income potential beyond the residential units. The property is located in Woonsocket, Rhode Island, and is reported at a 6–6.5% cap rate. Interested parties should be prepared to discuss financing and timing before detailed P&L information is shared.
Key Highlights
- Fully tenanted multifamily property at 668 Grove Street, Woonsocket, RI 02895
- Current Lead Certificate in place
- Four new hot water tanks added through recent capital improvements
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
594
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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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully tenanted residential income property with a current Lead Certificate and recent hot water system improvements.
Where is this multifamily property located?
The property is located at 668 Grove Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Fully tenanted multifamily property at 668 Grove Street, Woonsocket, RI 02895; Current Lead Certificate in place; Four new hot water tanks added through recent capital improvements
