576 Providence St Woonsocket, RI 02895
Globe District NeighborhoodEstimated payment $3,742/month
Highlights
- Deck
- Recreation Facilities
- Porch
- Wood Flooring
- Thermal Windows
- Bathtub with Shower
About This Home
Improved price $630,000! Schedule your showing today! Prime Investment Opportunity in Woonsocket's Globe District!
Discover this exceptional 3-unit investment property at 576 Providence Street, perfectly positioned in the sought-after Globe district on the North Smithfield line. This meticulously maintained triple-decker offers reliable income generation with minimal maintenance requirements.
Property Features: Six bedrooms across three units: first floor features 2 bedrooms/2 bathrooms, while upper floors each offer 2 bedrooms/1 bathroom. Recent updates include newer roof, renovated kitchen and bathrooms throughout, updated heating system, and fresh paint.
Investment Benefits: Strong rental income from established long-term tenants provides immediate cash flow. Exceptionally low maintenance costs maximize returns. Landlord covers water, sewer, and heating utilities, enhancing tenant appeal and retention.
Amenities: In-building laundry, rear parking, and prime Globe district location with easy access to local amenities.
The Bottom Line: This turnkey opportunity combines stable tenancies with Woonsocket's growing rental market. Recent capital improvements and landlord-paid utilities create competitive advantages for consistent long-term returns.
Don't miss this premium multi-family investment in one of Woonsocket's most desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,330
Year Built
- Built in 1925
Lot Details
- 5,227 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Combination Foundation
- Stone Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 6,791 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Storage Room
- Laundry Room
- Utility Room
Flooring
- Wood
- Parquet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Deck
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Zoned Heating System
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- The owner pays for hot water
- Legal Lot and Block 230 / 2
- Assessor Parcel Number 576PROVIDENCESTWOON
Community Details
Overview
- 3 Units
- Globe District Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Building Details
- Operating Expense $13,100
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,330 | $366,600 | $89,600 | $277,000 |
| 2023 | $5,125 | $366,600 | $89,600 | $277,000 |
| 2022 | $5,125 | $366,600 | $89,600 | $277,000 |
| 2021 | $4,057 | $170,800 | $35,600 | $135,200 |
| 2020 | $4,099 | $170,800 | $35,600 | $135,200 |
| 2018 | $4,113 | $170,800 | $35,600 | $135,200 |
| 2017 | $4,729 | $157,100 | $40,000 | $117,100 |
| 2016 | $5,002 | $157,100 | $40,000 | $117,100 |
| 2015 | $5,747 | $157,100 | $40,000 | $117,100 |
| 2014 | $5,488 | $152,700 | $44,000 | $108,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | Price Changed | $630,000 | -1.4% | $93 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $639,000 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $193,000 | -- | |
| Deed | $193,000 | -- | |
| Warranty Deed | $105,000 | -- | |
| Warranty Deed | $105,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $212,000 | No Value Available | |
| Previous Owner | $188,059 | Purchase Money Mortgage |
Source: State-Wide MLS
MLS Number: 1390380
APN: WOON-000011F-000230-000002
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