For Sale

214 Burnside Ave, Woonsocket, MA

Woonsocket · MA 02895

$995,000
Price
14
Beds
6
Baths
5892
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 6,970 Sq.Ft Lot
Price per square foot: $169 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

$133080 in annual scheduled rental income. 212–214 Burnside offers investors a high-income-producing six-unit (5-2 bed units, 1-4 bed 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)

Neighborhood & Transit

214 Burnside Ave, Woonsocket · MA 02895

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
35 days
Listing Price:
$995,000
Price per Sq.Ft:
$169
Tax Assessment:
$504,800 in 2026
Taxes:
$912 / Monthly

Home Facts

Interior Features

Bedrooms
14
Full Bathrooms
6
Half Bathrooms
0
Living Area
5,892 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5892
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 150 Amps

Exterior Features

Lot Size
6,970 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Donald Martone
Listing office
BOND BROKERAGE
MLS PIN #
73584115