Skip To Content

558 East School Street

Woonsocket, RI 02895
  • $565,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 1423203
UPDATED: 29 min ago
$565,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,825
    SQFT
  • $117
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity! This 5-unit brick apartment building offers a great addition to any investment portfolio. The property consists of one 2-bedroom unit and four 1-bedroom units, with each apartment including a range and refrigerator. Additional features include a roof approximately 5 years old, vinyl replacement windows, natural gas heat and hot water, separately metered gas and electric, coin-operated washer and dryer, and a fully fire-coded building. The owner currently pays all utilities, presenting an opportunity for future expense management and potential increased cash flow. The durable brick exterior offers the benefit of lower-maintenance ownership. Conveniently located near shopping, restaurants, public transportation, and everyday amenities. With a strong rental history and income-producing potential, this property is an excellent opportunity for both seasoned and first-time investors.

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-10T21:37:47.553.
www.onshorerealtors.com/homes/181415442
Print Image

558 East School Street Woonsocket, RI 02895

  • Price: $565,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 29 min ago
  • MLS #: 1423203
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,825
SQFT
$117
$/SQFT
1900
Built
Neighborhood:
Social
County:
Providence
Area:
Woonsocket
Property Description
Excellent investment opportunity! This 5-unit brick apartment building offers a great addition to any investment portfolio. The property consists of one 2-bedroom unit and four 1-bedroom units, with each apartment including a range and refrigerator. Additional features include a roof approximately 5 years old, vinyl replacement windows, natural gas heat and hot water, separately metered gas and electric, coin-operated washer and dryer, and a fully fire-coded building. The owner currently pays all utilities, presenting an opportunity for future expense management and potential increased cash flow. The durable brick exterior offers the benefit of lower-maintenance ownership. Conveniently located near shopping, restaurants, public transportation, and everyday amenities. With a strong rental history and income-producing potential, this property is an excellent opportunity for both seasoned and first-time investors.
Exterior Features

Construction Materials Brick Foundation Details Brick / Mortar Slab Frontage Length 36 Levels Three Or More Parking Total 1

Interior Features

Basement None Basement YN No Cooling None Cooling YN No Furnished Unfurnished Heating Baseboard Hot Water Zoned Heating YN Yes

Property Features

Business Type Residential Community Features Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Street Lights Sidewalks Electric 100 Amp Service Circuit Breakers Gross Income 68400 Human Modified YN No Land Lease YN No Laundry Features Common Area Lease Considered YN No New Construction YN No Owner Pays All Utilities Possible Use Multi- Family Residential Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Asphalt Paved Security Features Carbon Monoxide Detector(s) Fire Alarm Fire Escape Smoke Detector(s) Sewer Connected Sanitary Structure Type Apartment Multi Family Tax Annual Amount 7016 Tax Assessed Value 329400 Tax Lot 21-22 Tax Year 2026 Utilities Electricity Available Natural Gas Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected Water Source Connected Public Zoning R4

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Town & Country: Info@BlanchetGroup.com.



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-10T21:37:47.553.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1423203-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1423203-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1423203-2.jpg
Logo
Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891