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    Two-Unit Residential Income Property Title is generated by Realmo AI

    76 Dewey Street, Woonsocket, RI 02895

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    New
    For Sale
    $475,000

    MULTI_FAMILY - Woonsocket, RI

    Type:Apartment
    Property size:
    1,784 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $266/SF
    Added:
    Jul 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 6 at 8:06 pm

    Property Features for 76 Dewey Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2
    Parking
    4
    Parking features
    Garage
    Patio and Porch features
    Porch
    Interior features
    Plumbing (Mixed)
    Exterior features
    Porch
    Basement
    Unfinished, Full, Storage Space
    Standard status
    Active
    Size
    1,784 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4032

    Utilities

    Heating system
    Oil, Baseboard

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile - Ceramic, Laminate, Vinyl
    Building materials
    Vinyl Siding

    We can help!

    Contact an agent
    Shannon Krasnowiecki

    Listing agent Shannon Krasnowiecki

    Listing office Ri Real Estate Services 631 Main Street, East Greenwich, RI

    Listing date Jul 1, 2026

    MLS# 1416765 Listing URL

    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.

    HighLights

    • Well‑maintained two‑family home built in 1930, with each unit offering 2 bedrooms and 1 full bath
    • Separate porches and off‑street parking for both units
    • Full basement with plenty of storage plus a large storage shed
    • Garage parking included
    • Vinyl siding exterior
    • Heating includes baseboard with oil heat

    Overview

    This well-maintained two-family home is configured as two separate units, with each unit offering 2 bedrooms and 1 full bath. Both units have functional layouts and comfortable living space. Exterior features include separate porches for each unit. On-site improvements also include off-street parking, a full basement that provides storage, and a large storage shed.

    The property is located at 76 Dewey Street in Woonsocket, Rhode Island. The listing notes the home is just one street from the Massachusetts border in nearby Bellingham, offering convenient access across state lines. Nearby amenities referenced in the remarks include shopping, restaurants, schools, and major highways and commuter routes.

    For buyers, this setup can suit owner-occupants who want additional rental income on the same property, as well as multi-generational households seeking separate living spaces. Investors may also consider the property for portfolio additions, with the understanding that the sale is subject to the seller securing suitable housing.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $45.4k $25.44
    − Vacancy −$3.0k −$1.65
    EGI $42.4k $23.79
    − OpEx −$12.7k −$7.14
    NOI $29.7k $16.65
    1,784 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $424.3K
    $371.3K – $495.1K (±1% cap)
    NOI $29,704 @ 7.0% cap · market cap 6.25%
    Second Best
    Apartment 5plus
    $336.8K
    $294.7K – $392.9K (±1% cap)
    NOI $23,575 @ 7.0% cap · market cap 4.96%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Accounting Firm Gym & Fitness Center Hair Salon Cafe & Coffee Shop Acupuncture Tech Support Center Cosmetic Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.494118
    Latitude
    42.016577

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home with separate porches, off-street parking, full basement storage, and a large shed.
    Where is this duplex located?
    The property is located at 76 Dewey Street Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Well‑maintained two‑family home built in 1930, with each unit offering 2 bedrooms and 1 full bath; Separate porches and off‑street parking for both units; Full basement with plenty of storage plus a large storage shed
    More about this property
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