
$950,000 USD
Commercial for Sale, 339 Privilege Street, Woonsocket, Rhode Island 02895
- MLS#1415735
- Minimum sellable space
574 m² (6,178 ft²)
Listed By Engel & Volkers Oceanside
The Commercial Property for Sale located at 339 Privilege Street, Woonsocket, Rhode Island 02895 is currently for sale. 339 Privilege Street, Woonsocket, Rhode Island 02895 is listed for $950,000.
Property features
Property
- Property size:
574 m² (6,178 ft²)
Lot/Land
- Land/Lot size:
1,174 m² (12,632 ft²)
Construction
- Year built: 1963
- Construction: FrameBrick
Security
- Features: Fire AlarmSmoke DetectorSecurity Lighting
Heating and Cooling
- Heating system: Baseboard
- Cooling system: Window Unit(s)
Utilities
- Other utilities: GasGas Avail. Off SitePublic SewerMunicipal Water
Description
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.
Location
339 Privilege Street, Woonsocket, Rhode Island 02895