Commercial $ 950,000

339 Privilege ST

Woonsocket, RI 02895

  • 6,178 SqFt
  • 0.29 Lot Size
  • 1963 Year Built
Opportunity meets scale at this fully occupied six unit brick apartment building in North Woonsocket, near the Massachusetts line and within reach of Providence and Greater Boston. Built in 1963, the property offers six spacious two bedroom, one bath residences across three levels, creating an attractive foundation for investors seeking immediate income with long term upside. Three units offer approximately 954 square feet each, while three larger units offer approximately 1,079 square feet each. The building includes a common laundry room with washer and dryer, plus in unit laundry in three apartments. Tenants pay their own electric through seven individual meters. Lower level units feature radiant heat. Public water, public sewer, an updated fire alarm system, 11 parking spaces, and a 0.29 acre lot add convenience and tenant appeal. With all six units occupied and current rents offering potential for future growth, this property presents an opportunity to improve income over time while maintaining an established tenant base. Nearby destinations include Landmark Medical Center, the Stadium Theatre, the Museum of Work and Culture, Chan's, riverfront dining, shopping, and major commuter routes. Providence is approximately 13 miles away, Boston approximately 40 miles away, and the Massachusetts border is just minutes away. A compelling six door investment for buyers seeking density, accessibility, and value.
Listed by Engel & Volkers Oceanside

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 6, 178 sqft

    Price per Sqft $153

    Subdivision North Woonsocket

    MLS Listing ID 1415735

    HOA Y/N No

    Abv Grd Liv Area 6,178

    Year Built 1963

    Annual Tax Amount $6,941

    Tax Year 2025

    Lot Size 0.290 Acres

    Acres 0.29

    Property Sub-Type Commercial

  • Location

    State RI

    County Providence

    Community North Woonsocket

    Zoning R4

  • Rooms

    Basement None

  • Building

    Story 2

    Foundation Concrete Perimeter

    Sewer Connected, Public Sewer

    Water Connected, Public

    Level or Stories 2

    Structure Type Brick,Frame

    New Construction No

  • Interior

    Heating Baseboard

    Cooling Window Unit(s)

    Inclusions Washers & Dryers in the first floor laundry room.

    Laundry Common Area, In Unit, Laundry Room

  • Exterior

    Community Features Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

    Utilities Available Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Sewer Connected

    Street Surface Asphalt

    Total Parking Spaces 11

  • Others

    Tax ID 339PRIVILEGESTWOON

    Security Features Fire Alarm,Smoke Detector(s),Security Lights

    Virtual Tour https://tour.RiLiving.com/339-Privilege-Street-Woonsocket-RI-02895

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