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6-Unit Apartment Building
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70 Newland Ave, Woonsocket, RI 02895

Fully occupied property with private parking, basement storage, and shared coin-operated laundry.

Property SizeContact for details
Days on Market143

Property Features for 70 Newland Ave

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Amenities

common coin-op laundry
Listing Agency: KW Commercial - Rhode Island
Listed By: Luke Palmer · License #RI REB.0009712
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:50AM

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 KW Commercial - Rhode Island

Investment Insights

Based on property information with market context.

This 6-unit apartment building offers a consistent unit layout, with each residence configured as a 2-bedroom, 1-bath apartment. The property includes a large basement for storage, common coin-operated laundry, private front parking for 7 cars, and well-maintained shared hallways. A hardwired fire system and on-site dumpster serviced by a trash collection company are also in place.

Four of the 6 apartments have air conditioning, and 4 units were recently renovated, including updated heating systems. Utilities are separately metered, with tenants responsible for electric and heat. The building is located in Woonsocket with access to downtown amenities.

Key Highlights

  • 6‑unit building with all apartments configured as 2 beds and 1 bath
  • Fully occupied apartment property
  • 4 units recently renovated, including heating systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Electrical Service Accounting Firm 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.

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

777
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?
Apartment building - Fully occupied property with private parking, basement storage, and shared coin-operated laundry.
Where is this apartment building located?
The property is located at 70 Newland Ave Woonsocket, RI.
What are key features of this property?
This property features: 6‑unit building with all apartments configured as 2 beds and 1 bath; Fully occupied apartment property; 4 units recently renovated, including heating systems
More about this property
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