Updated 21-Unit Residential
For Sale
Contact for pricing
72 Kendrick Avenue, Woonsocket, RI 02895
Fully updated 21-unit building in Woonsocket with strong returns.
Property SizeContact for details
Days on Market142
Property Features for 72 Kendrick Avenue
General Information
Standard status
Active
Property subtype
Special Purpose
Building Details
Year Built
1900
Listing Agency:
Century 21 The Seyboth Team
(508) 726-3492
Listed By:
Kyle Seyboth · License #RI, MA
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 8 at 6:34AM
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 Century 21 The Seyboth Team
Investment Insights
Based on property information with market context.
This fully updated 21-unit residential building in Woonsocket presents an investment opportunity. The property features a 7% cap rate with a Net Operating Income of $359,600. Total rents amount to approximately $450,000. All units have been completely renovated with modern finishes, new appliances, and functional layouts. The building is located with convenient access to local shops, restaurants, and everyday amenities, and is just minutes from the downtown district. It is also close to major commercial corridors, including Diamond Hill Road and Mendon Road. Easy access to Interstate 146 facilitates commuting to Providence and Worcester. The property is near the Blackstone River and Blackstone River Greenway, and in close proximity to Landmark Medical Center.
Key Highlights
- High‑return investment opportunity: 7% cap rate and $359,600 NOI.
- Fully renovated: All 21 units feature modern finishes and new appliances.
- Strong rental income: Total rents approximately $450,000.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,143
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully updated 21-unit building in Woonsocket with strong returns.
Where is this apartment building located?
The property is located at 72 Kendrick Avenue Woonsocket, RI.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: High‑return investment opportunity: 7% cap rate and $359,600 NOI.; Fully renovated: All 21 units feature modern finishes and new appliances.; Strong rental income: Total rents approximately $450,000.
