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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 8h ago

$133,800 in annual scheduled rental income. 212 214 Burnside offers investors a high-income-producing six-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

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 are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 5:07 AM UTC, 10/11/2026.

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