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281 South Main Street

Woonsocket, RI 02895

14 beds
5 baths
7,985 sqft
5,227 sqft lot
$84 per sqft
1900 build

Amazing investment opportunity in Woonsocket, RI! This well-maintained 5-unit property features a versatile mix of units: two 3-bedroom units, two 2-bedroom units, and one spacious 4-bedroom unit ideal for a diverse tenant base. Conveniently located near major highways, shopping, and amenities, it offers excellent accessibility for commuters and families alike. The property includes off-street parking a rare and valuable bonus in the area. Key upgrades include a newer roof (approx. 2 years old), full fire system, all lead certificates in place, and no city violations. Additional features include a walk-up attic, a coin-operated laundry in the basement, and even room to add more units. Whether you're looking to expand your portfolio or owner-occupy, this property offers immediate income and long-term potential. Don't miss this rare multifamily gem with strong rental upside and future growth opportunities!

Listing courtesy of RIMLS / Century 21 Limitless

Last checked: Checking… • Last updated Jul 16, 2025 •

MLS# 1390042 —

The Building

Year Built:

1900
New Construction:

false
Building Area Total:

7985.0
Construction Materials:

WoodSiding
Structure Type:

Apartment
Basement:

Full,InteriorEntry,Unfinished
Basement:

true

Interior

Flooring:

Hardwood,Laminate,Other
Fireplace:

false

Room Dimensions

Living Area Source:

PublicRecords

Location

Latitude:

41.997362
Longitude:

-71.521172

The Property

Property Type:

ResidentialIncome
Property Subtype:

MultiFamily
Lot Size Acres:

0.12
Lot Size Area:

5227.0
Lot Size Square Feet:

5227.0
Lot Size Units:

SquareFeet
Parcel Number:

281SOUTHMAINSTWOON
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

5218.0
Tax Assessed Value:

358900
Tax Lot:

014

Beds

Bedrooms Total:

14

Baths

Total Baths:

5
Full Baths:

5

The Listing

Virtual Tour URL Unbranded:

https://tour.RiLiving.com/281-South-Main-Street-Woonsocket-RI-02895

Heating & Cooling

Heating:

ForcedAir,Gas
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Utilities:

SewerConnected
Electric:

CircuitBreakers
Sewer:

Connected
Water Source:

Connected

Appliances

Appliances:

GasWaterHeater

The Community

Senior Community:

false

Parking

Parking Total:

5.0
Parking Features:

NoGarage
Garage:

false

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/16/25 Jul 16, 2025	Listed / Active	RIMLS	$675,000

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This multifamily located in Globe District, Woonsocket, RI 02895 is currently for sale for $675,000. 281 South Main Street is a 7,985 square foot multifamily with 14 beds and 5 baths. 281 South Main Street is in the Globe District neighborhood of Woonsocket.

Listing Courtesy of: RIMLS and Century 21 Limitless.

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. Information is deemed reliable but is not guaranteed. © 2025 State-Wide Multiple Listing Service. All rights reserved.