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226 S Main St 7 Unit Apartment Building $958,972 CAD ($136,996 CAD/Unit) 9.19% Cap Rate Woonsocket, RI 02895
Executive Summary
7-unit multifamily in Woonsocket, RI offering strong in-place income with value-add upside. Conveniently located near shopping, dining, local employers, and major commuter routes—supporting consistent rental demand. Excellent opportunity for investors seeking a stabilized asset today with potential for future rent growth and operational improvements. PROPERTY CONVEYS WITH LEAD CERTIFICATES
Property Facts
| Price | $958,972 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $136,996 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 9.19% | Building Size | 3,968 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 1.26/1,000 SF |
| Zoning | MU1 | ||
| Price | $958,972 CAD |
| Price Per Unit | $136,996 CAD |
| Sale Type | Investment |
| Cap Rate | 9.19% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,968 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | MU1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 3+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WOON-000010M-000033-000029 | Improvements Assessment | $578,651 CAD |
| Land Assessment | $124,880 CAD | Total Assessment | $703,531 CAD |
Property Taxes
Parcel Number
WOON-000010M-000033-000029
Land Assessment
$124,880 CAD
Improvements Assessment
$578,651 CAD
Total Assessment
$703,531 CAD
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226 S Main St
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