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Fully Renovated Three-Unit Property
For Sale
$629,000

752 Social St, Woonsocket, RI 02895

Completely renovated three-family home with all units updated and delivered vacant for immediate occupancy planning.

Property Size1,889 SF
Price / SF$332.98
Days on Market193

Property Features for 752 Social St

General Information

Standard status Active
Size 1,889 SF
Property subtype Multi-Family

Building Details

Year Built 1825
Listing Agency: Century 21 Limitless
Listed By: Omar Valerio · License #RES.0044011
Source: Alpernandmesenbourg
Added: Apr 17 Changed: Oct 26 Last Checked: Oct 24 at 9:51PM

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 Limitless

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Investment Insights

Based on property information with market context.

This fully renovated three-family property includes three units that have been updated with modern finishes. The home is delivered completely vacant, allowing for immediate move-in or leasing planning upon acquisition.

The asset is located at 752 Social Street in Woonsocket, RI 02895. It is presented as a turn-key, move-in ready multifamily option with updates already completed across all three units.

Key Highlights

  • Fully renovated three‑family home with Year Built 1825
  • All three units updated with modern finishes
  • Delivered completely vacant for immediate occupancy planning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,453
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,060 $629.1K
Cap Rate 7%
$449,329 $449.3K
Cap Rate 9%
$349,478 $349.5K
Market Conditions
NOI Build-Up for 1,889 SF
Gross rent
$48.1K $25.44/SF
− Vacancy
−$3.1K −$1.65/SF
EGI
$44.9K $23.79/SF
− OpEx
−$13.5K −$7.14/SF
NOI
$31.5K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,060
Cap Rate 7%
$449,329
Cap Rate 9%
$349,478

Alternative Uses

Best Use
Multifamily LT 5
$449.3K
$393.2K – $524.2K (±1% cap)
NOI $31,453 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$356.6K
$312.0K – $416.0K (±1% cap)
NOI $24,962 @ 7.0% cap · market cap 3.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,295
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Triplex - Completely renovated three-family home with all units updated and delivered vacant for immediate occupancy planning.
Where is this triplex located?
The property is located at 752 Social St Woonsocket, RI.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Fully renovated three‑family home with Year Built 1825; All three units updated with modern finishes; Delivered completely vacant for immediate occupancy planning
More about this property
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