Introducing 130 East School Street in Woonsocket, Rhode Island â a spacious, income-producing 6-unit multifamily with a value-add upside rarely found in todayâs market. The layout offers a mix of unit sizes and configurations, creating flexibility for future updates or repositioning. The vacant units present excellent opportunities for modern upgradesâthink new flooring, updated kitchens and baths, fresh paint, and improved lightingâto significantly elevate rent potential in a high-demand rental area. The exterior of the property offers ample off-street parking, a major advantage in Woonsocket where parking can be limited. The lot is well-sized and provides easy access for tenants. Location is keyâ130 East School Street sits in a convenient section of Woonsocket close to schools, shopping, parks, downtown amenities, and public transit. The property also offers quick access to Route 146, making commuting to Providence or Massachusetts easy for tenants. Whether you're a seasoned investor or just entering the multifamily space, this building checks all the boxes: existing income, expansion potential, stable area, and a clear path to increased cash flow. With four units already generating revenue and two units awaiting transformation, this property is perfectly positioned for someone ready to unlock its full potential. 130 East School Street is more than just a buildingâit's an opportunity to create long-term wealth. Donât miss your chance to capitalize on this value-add gem.
| Location | |
|---|---|
| City/Town | Woonsocket |
| County | Providence |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping |
| Interior | |
|---|---|
| Living Area | 4,800 sq. ft. |
| Rooms | 20 |
| Heating | Natural Gas, Forced Air |
| Cooling | None |
| Additional Information | |
|---|---|
| Tax Assessment | $365,900 |
| Exterior | |
|---|---|
| Acreage | 0.16 |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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