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14 Beds
6 Baths
5,892 sqft

$995,000

214 Burnside, Woonsocket RI, 02895

Price per sqft$168.87
Built in1900
Property size5,892 sqft
Property typeMulti-family

Overview

Active

Listed Sep 29, 2026

Updated 4 days ago

$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)

$6,620/mo

Est. mortgage payment based on a $995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73584115

Interior Features

Bedrooms
14
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$10,939
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Donald Martone with BOND BROKERAGE

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Data last updated 3:47 AM UTC, 10/4/2026

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