$1,249,900
PENDING $150K PRICE DROP

341 Burnside Ave Woonsocket, RI 02895

East Woonsocket Neighborhood

Estimated payment $7,561/month

Total Views 9,325
18 Beds
6 Baths
7,740 Sq Ft
$161 Price per Sq Ft

Highlights

  • Wood Flooring
  • 6 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Bathtub with Shower
  • Shops

About This Home

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 Listed By

The WP Group

Smith and Oak Real Estate Co. Listed on: 03/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,140

Year Built

  • Built in 1900

Parking

  • 6 Car Detached Garage

Home Design

  • Stone Foundation
  • Aluminum Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 7,740 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • 0.26 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 160/22
  • Assessor Parcel Number 341BURNSIDEAVWOON

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Blackstone, Ma/Ri Line Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,140

Year Built

Built in 1900

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2647
  • Inclusions: Includes $85,000 of net income from bait shop. $5,050 per month in total res. rent.. PROFORMA is 8,400-10,200 p/ month. There are also 4 garage bays (potential $200 p/month p/bay)
  • Subdivision Name: Blackstone, MA/RI Line
  • Above Grade Finished Sq Ft: 7740.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 18
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Aluminum Siding, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 6.0
  • Garage Spaces: 6.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 18.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11531.0
  • Parcel #: 341BURNSIDEAVWOON
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 11140.0
  • Tax Lot: 160/22
  • Tax Map Number: 36
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,711 $412,900 $49,300 $363,600
2023 $10,711 $412,900 $49,300 $363,600
2022 $0 $412,900 $49,300 $363,600
2021 $0 $299,300 $45,600 $253,700
2020 $0 $299,300 $45,600 $253,700
2018 $0 $299,300 $45,600 $253,700
2017 $0 $256,900 $49,300 $207,600
2016 $9,397 $256,900 $49,300 $207,600
2015 $9,397 $256,900 $49,300 $207,600
2014 $8,550 $213,800 $49,300 $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $1,249,900 -3.8% $161 / Sq Ft
04/04/2025 04/04/25 Price Changed $1,299,900 -7.1% $168 / Sq Ft
03/07/2025 03/07/25 For Sale $1,399,900 -- $181 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $16,749 --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $16,749 --
Source: Public Records

Source: State-Wide MLS

MLS Number: 1379537

State-Wide MLS

APN: WOON-000036M-000160-000022

Rhode Island Providence County Woonsocket 02895 East Woonsocket

341 Burnside Ave, Woonsocket, RI

This home is located at 341 Burnside Ave, Woonsocket, RI 02895 and is currently priced at $1,249,900, approximately $161 per square foot. This property was built in 1900. 341 Burnside Ave is a home located in Providence County with nearby schools including Woonsocket High School, Rise Prep Mayoral Academy Middle School, and Rise Prep Mayoral Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for 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 not guaranteed.
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Nearby Homes
Listing Agent
The WP Group
Section Image
Smith and Oak Real Estate Co.
(401) 389-3442