Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
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

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Mott & Chace Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2026 State-Wide MLS, Inc. All rights reserved.

Data last updated 3:49 AM UTC, 10/16/2026.

Powered by Luxury Presence