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6-Unit Apartment Building

71 Hamlet Avenue, Woonsocket, RI 02895

For Sale
$750,000

A mix of one- and two-bedroom apartments includes on-site laundry and off-street parking.

Property SizeContact for details
Days on Market365

Property Features for 71 Hamlet Avenue

General Information

Standard status Active
Total Parking Spaces 15
Property subtype Multi-Family

Units

Unit Mix 3 x Two Bed Units, 3 x One Bed Units
Multifamily Units 6

Additional Details

Tenant in Place Yes

Amenities

coin-operated laundry
Baseboard
Gas
Hot Water
Oil
Gas Water Heater
Oven
Range
Refrigerator
Sewer Connected

Building Details

Year Built 1900
Year Renovated 1998
Stories 3
Tenancy Multi
Listing Agency: HomeSmart Professionals
Listed By: Karen Moreau · License RI #17211
Source: Kw
Added: Nov 11, 2025 Changed: Nov 8 Last Checked: Nov 8 at 4:14PM

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 HomeSmart Professionals

Rey
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Investment Insights

Based on property information with market context.

This six-unit apartment building contains three one-bedroom apartments and three two-bedroom apartments. Five units use oil heat, while one uses gas; heat is included in five apartments. A coin-operated laundry set serves the building, and the property has 15 off-street parking spaces. The six gas water heaters are rented, and sewer service is connected.

The building dates to 1900. All apartments received updates in 1998, including three renovated from the studs, with further work completed as needed. The shingle roof is 27 years into a stated 40-year lifespan. A deeded driveway right of way provides access for two neighboring properties.

Key Highlights

  • Six apartments: three one‑bedroom units and three two‑bedroom units
  • 15 off‑street parking spaces
  • Coin‑operated laundry on site

Property Analytics

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Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,457
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
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Market

Average Price Trend$/SF for Apartment buildings in Woonsocket, RI

$147 Jul
$152 Aug
$170 Sep
$164 Oct

Properties on Market for Apartment buildings in Woonsocket

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of one- and two-bedroom apartments includes on-site laundry and off-street parking.
Where is this apartment building located?
The property is located at 71 Hamlet Avenue Woonsocket, RI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Six apartments: three one‑bedroom units and three two‑bedroom units; 15 off‑street parking spaces; Coin‑operated laundry on site
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