$675,000

130 E School Street, Woonsocket, RI 02895

  • 12 beds |
  • 6 baths |
  • 4,800 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Introducing 130 East School Street in Woonsocket, Rhode Island — a spacious, income-producing 6-unit multifamily with a value-add upside rarely found in today’s 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 upgrades—think new flooring, updated kitchens and baths, fresh paint, and improved lighting—to 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 key—130 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 building—it's an opportunity to create long-term wealth. Don’t miss your chance to capitalize on this value-add gem.

Listing Status:
Active
Date Added:
November 18, 2025 at 06:00AM
Listing Office:
eXp Realty LLC : 888-854-7493
MLS ID:
1400402
  • Appliances: Gas Water Heater
  • Basement: FullInterior EntryUnfinished
  • Flooring: CarpetCeramic TileLaminateVinyl
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: Fireplaces: 0
  • Parking: No GarageParking spaces: 12
  • General: Vinyl Siding3
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: 130SCHOOLSTWOON
  • Utilities: Sewer Connected200+ Amp Service
  • Water: Connected
  • Sewer: Connected
  • Source: RIS_RIS

This listing courtesy of eXp Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

H

Harris School

60 High School St, Woonsocket, RI, 02895

Grades KG-5

0.28 miles away

W

Woonsocket Middle @ Villa Nova

240 Florence Dr, Woonsocket, RI, 02895

Grades 6-8

0.61 miles away

W

Woonsocket High School

777 Cass Ave, Woonsocket, RI, 02895

Grades 9-12

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.