Search / Woonsocket / 538 Wood Avenue

Active · 11 days on market

$684,900

538 Wood Avenue, Woonsocket, RI 02895

10 bd · 3 ba · built 1900

Listing courtesy of Compass, The Modern Collective Group

About this home

An outstanding opportunity to own a versatile three-family property in a highly accessible East Woonsocket location, just moments from the Massachusetts state line. Built around the turn of the 20th century, this well-maintained triplex offers approximately 4,000 square feet across three units, giving owners flexible living and rental configurations in one of Northern Rhode Island's most consistently active markets. The first floor unit features 4 beds with 1 bath and in unit washer dryer, while the second and third floor units feature 3 beds and 1 bath each. Parking is a standout feature with a detached 3-car garage plus ample off-street parking bringing the total to 9 parking spots, great for attracting and retaining quality tenants in this neighborhood. The property also offers separate utilities for efficient management and a spacious basement for additional storage. Whether you're pursuing owner-occupancy to offset your mortgage, purchasing your first investment property, or adding another income-producing asset to your portfolio, this property delivers strong rental demand and long-term value. Conveniently located near major commuter routes, shopping, restaurants, parks, and everyday essentials — the accessibility renters value, and the continued demand owners benefit from.

Property facts

Property type
Multi Family
Year built
1900
Lot size (acres)
0.13
Total rooms
19
Garage spaces
3
Total parking
8
Annual taxes
$6,868.27
Tax year
2025
County
Providence

Features

Heating
Natural Gas, Forced Air
Cooling
None
Basement
Full, Interior and Exterior, Unfinished, Storage Space, Utility
Appliances
Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Gas Water Heater
Interior
Insulation (Unknown)
Fireplace
None
Laundry
In Unit
Parking
Detached
Construction
Vinyl Siding
Utilities
Sewer Connected, Water Connected

Location

MLS# 1422806 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of Compass

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