51 Wood AvenueWoonsocket, RI 02895MLS Number 73508838

  • Price: $1,185,000
  • Est. Mortgage of $/month
  • 36 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.53% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
51 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 0289551 Wood Avenue Woonsocket RI 02895
QR Code
  • 0.2Acreage
  • 1910Year Built
  • 6,300Square Feet

Driving Directions

Exceptional opportunity to acquire a professionally managed 8-unit multifamily compound featuring two buildings on one lot: a 7-unit apartment building plus a detached single-family residence. Located in a strong Northern Rhode Island rental market, this asset offers immediate in-place cash flow with clear upside through lease-up and rent optimization. Stabilized gross annual income is projected at approximately $133,080. The main building includes six 2-bed/1-bath units and one 1-bed/1-bath unit, each offering efficient, rental-friendly layouts. The detached single-family home features 3 bedrooms and 1 bath, adding valuable income diversification. Significant capital improvements include updated roofs, improved parking and driveways, and numerous mechanical upgrades, making this a compelling value-add investment with strong long-term appreciation potential.
Listed by Donald Martone of BOND BROKERAGE

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from The Surrealtors. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Gross Income $133,080
  • Lot Features Level, Sloped
  • Mls StatusActive
  • Road Frontage DescriptionPaved

Building

  • BasementFull, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Stone, Irregular
  • Foundation Area 1974
  • Levels 5
  • Patio And Porch Features Porch, Enclosed
  • Rooms33
  • Stories5
  • Units8
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $813,800
  • Tax Year 2025
  • Taxes$17,333

Basic Information

  • List Price$1,185,000
  • MLS Number73508838
  • Modification Date05/02/2026
  • Property SubType5-9 Family

Property

  • Acreage0.2
  • Frontage Length 86

Utilities

  • Electric Circuit Breakers,150 Amp Service, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
  • Other AmenitiesBasement

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem, Common, Paved
  • Parking Spaces13

Location

  • Address51 Wood Avenue
  • Building Number51
  • CountyProvidence
  • StateRI
  • StreetWood Avenue
  • TownWoonsocket
  • Zip02895

Exterior

  • RoofAsphalt/Composition Shingles

Property Information

  • Building Area Source Public Records
  • Living Area 6,300
  • Lot Size Square Feet 8,712
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet6,300

Other

  • Date Listed04/29/2026
  • Farm Land Area Units Square Feet
  • View Count1

Your Local Office

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from The Surrealtors. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.