0 Baths
6,856 sqft
$995,000
214 Burnside Avenue, Woonsocket RI, 02895
Price per sqft$145.13
Built in1900
Property size6,856 sqft
Property typeCommercial
Overview
Active
Listed Sep 28, 2026
Updated 33h ago
$133,800 in annual scheduled rental income. 212 214 Burnside offers investors a high-income-producing six-unit (5-2 bed units, 1-4 bed unit) multifamily opportunity generating $11,150 per month. The income profile stands out against current six-unit Woonsocket alternatives. The property features all newly rent-readied, fire coded, lead safety compliant units, offering a turnkey opportunity with the heavy lifting already completed. Additional highlights include on-demand hot water system, gas heating, ample off-street parking, new asphalt and on-site coin-operated laundry, providing tenant convenience and additional income potential. Offered at $995,000, the property equates to approximately $165,833 per unit and a 7.44x gross rent multiplier. With strong existing rents, improved units, parking, and on-site laundry, 212 214 Burnside presents a compelling opportunity for investors seeking immediate cash flow and a stabilized multifamily asset in Woonsocket. *Tenant is responsible for Electric, Gas, and Other Personal Utilities (Water and Sewer Included)
Additional information
- MLS® ID
- 1424574
Interior Features
- Bathrooms
- 0
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.16 Acres
Other Property Details
- Taxes
- $10,939
- Tax Frequency
- Annually
Also listed on MLSPIN
Courtesy of Bond Brokerage, 401-954-0270
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Data last updated 3:49 AM UTC, 10/16/2026.