Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

214 Burnside AVE

Woonsocket, RI ID #73584115

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214 Burnside AVE

- Woonsocket, RI ID #73584115

Property Description

$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)

Additional Details

  • Status: Active
  • Type: Multi-Family, Multi Family
  • Zip Code: 02895
  • Taxes: 10,939
  • Levels: 5
  • Acres: 0.16

Parking

  • Garage Capacity: 6
  • Parking: Paved, Off Street
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 5
  • Total Rooms: 22
  • Has Basement: Yes

Location

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214 Burnside AVE, Woonsocket, RI

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Donald Martone of BOND BROKERAGE. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.