Search
Renovated Apartment Building
For Sale
$6,000,000

72 Kendrick Avenue, Woonsocket, RI 02895

Commercial/Business,Commercial Sale, Woonsocket, RI

Property SizeContact for details
Lot Size0.83 Acres
Days on Market45

Property Features for 72 Kendrick Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking 40
Lot features Urban
Standard status Active
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21000

Building Details

Year built 1900
Building materials Brick
Listing Agency: Century 21 Limitless · Century 21 Real Estate
Listed By: Kyle Seyboth · License #32535
Added: Jul 13 Changed: Aug 19 Last Checked: Aug 26 at 8:06AM
MLS# 1417706

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick apartment building contains 21 residential units on a 0.83-acre site. Built in 1900, the property has undergone a complete renovation, including updated finishes, new appliances, and functional unit layouts. The improvements create a consistent residential offering within the building’s existing masonry construction.

The property is in Woonsocket near local shops, restaurants, and everyday amenities, with the downtown district minutes away. Diamond Hill Road and Mendon Road provide access to nearby commercial corridors, while Interstate 146 connects the area with Providence and Worcester. The Blackstone River and Blackstone River Greenway are nearby, as is Landmark Medical Center.

A 7% cap rate is reported for the property. The combination of 21 units, renovated interiors, and regional highway access defines the asset’s operating profile.

Key Highlights

  • 21‑unit apartment building on 0.83 acres
  • Complete renovation of all units with updated finishes and new appliances
  • Brick construction; built in 1900

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Law Firm Acupuncture Parking Lot & Garage Garden Center

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

21
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,143
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
Rey
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 - Brick residential income property with updated interiors, modern appliances, and layouts across its apartment units.
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: 21‑unit apartment building on 0.83 acres; Complete renovation of all units with updated finishes and new appliances; Brick construction; built in 1900
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message