341 Burnside Avenue
Woonsocket, RI 02895
- 18 beds
- 6 baths
- 7,740 sqft
- 11,531 sqft lot
- $161 per sqft
- 1900 build
This is a chance to own (6) 3-bedroom residential units and (1) stand-alone commercial building [1,056 sq. ft.] with a successful family-owned business that has thrived for decades. Multiple financing options available. Pete's Bait Shop is being sold with a history of success within the fishing community. Inquire for more information on business financials. The (6) residential units each span 1,110 +/- sq. ft, and are currently all rented. Current rents are below market. Proforma rent per unit is conservatively $1,400-1,700 per unit ($100,800-$122,400 annually) with minimal updating needed to obtain these proforma numbers. Not included in our valuation is the 4-bay garage that is large enough for 6 cars, nor does it include income from the existing business. Market rent for the commercial unit is between $2,000-$3,000 per month.
Last checked:
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Last updated Apr 25, 2025
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MLS# 1379537 —
The Building
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Year Built:1900
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New Construction:false
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Building Area Total:7740.0
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Construction Materials:Plaster,AluminumSiding,VinylSiding
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Structure Type:Apartment
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Foundation Details:Stone
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Stories Total:3
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Basement:Full,InteriorEntry,Unfinished
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Basement:true
Interior
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Interior Features:TubShower
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Flooring:Carpet,Hardwood,Laminate
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Fireplace:false
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Fireplace Features:None
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Laundry Features:CommonArea
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:42.012113
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Longitude:-71.498725
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.2647
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Lot Size Area:11531.0
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Lot Size Square Feet:11531.0
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Lot Size Units:SquareFeet
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Parcel Number:341BURNSIDEAVWOON
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Zoning:R4
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 281-8491
- Office phone:
- (401) 464-2617
Taxes
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Tax Year:2023
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Tax Annual Amount:11140.0
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Tax Assessed Value:412900
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Tax Lot:160/22
Beds
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Bedrooms Total:18
Baths
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Total Baths:6
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Full Baths:6
Heating & Cooling
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Heating:Baseboard,Gas,SpaceHeater
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:CircuitBreakers
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Sewer:Connected,PublicSewer
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Water Source:Connected,Public
Appliances
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Appliances:Dryer,Dishwasher,GasWaterHeater,Oven,Range,Refrigerator,Washer
The Community
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Subdivision Name:Blackstone, MA/RI Line
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Senior Community:false
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Community Features:HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping
Parking
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Parking Total:18.0
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Parking Features:Detached,Garage
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Attached Garage:false
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Garage:true
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Garage Spaces:6.0
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Covered Spaces:6.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/25/25
Apr 25, 2025
|
Price Changed | RIMLS | $1,249,900 | -3.8% |
|
4/4/25
Apr 4, 2025
|
Price Changed | RIMLS | $1,299,900 | -7.1% |
|
3/7/25
Mar 7, 2025
|
Listed / Active | RIMLS | $1,399,900 |
