214 Burnside, Woonsocket, RI 02895
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
214 Burnside,Woonsocket, RI 02895
$995,000
- 14 Beds
- 6 Baths
- 5,892 sq. ft.
- Multi-family
- Active
Listed by: donald martone, donald martone
Office: bond brokerage
MLS#:73584115
Source:MLSPIN
Price summary
- Price:$995,000
- Price per sq. ft.:$168.87
About this home
$133080 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)...
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Home facts
- Year built:1900
- Listing ID #:73584115
- Updated:October 11, 2026 at 10:55 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:22
- Flooring:Hardwood
- Kitchen Description:Range, Refrigerator
- Basement Description:Full, Partially Finished
- Living area:5,892 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Asphalt/Composition Shingles
- Year built:1900
- Building area:5,892 sq. ft.
- Lot area:0.16 Acres
- Exterior Features:Porch
- Foundation Description:Brick/Mortar, Concrete Perimeter, Irregular
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$168.87
- Tax amount:$10,939 (2026)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Total parking spaces:6
- Parking description:Off Street, Paved Drive
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