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$725,000 Just Listed
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Property Description
5-UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY - STRONG CASH FLOW + VALUE-ADD UPSIDE!!! INVESTOR ALERT: 5 Unit value add opportunity with immediate cash flow and a clear path to double-digit returns. This well-maintained multifamily generates $87,900 in current gross income (9.2% cap rate) with separate utilities, off-street parking, and a detached 2-car garage. Four of five units are fully updated and rent-ready; one unit is below market and needs updated heating system plus light cosmetic work, representing straightforward renovation play. Bringing all units to market rent pushes gross income to roughly $103,200/year and the cap rate to approximately 11.3% - a build in value add story rare at this price point. Conveniently located near major highways, shopping and public transportation. Property is being sold as-is; porches require repair, offering an additional opportunity to force appreciation. An ideal acquisition for 1031 exchange buyers or investors seeking a stabilized asset with organic upside already identified. Investor Group Tour - Wednesday, July 1, 5:00pm-6:30pm.
Full Property Details
Full Property Details for 145 Burnside Ave
General
- Price: $725,000
- Taxes: $5,130 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1416359
- Updated: 6/29/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 19
- Appliances: Water Heater
- Flooring: Ceramic Tile, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Paved Driveway
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 6
- Parking Features: Detached, Garage
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 4365
- Finished Total: 4,365 Sq. Ft.
- Finished Above Grnd: 4,365 Sq. Ft.
- Year Built: 1914
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5227
Financial Considerations
- Tax Amount: $5,130
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Neither seller nor agent, make any representations as to the accuracy of any information contained herein. Buyer (s)/buyer(s) agent must conduct their own due diligence, verification, and research are relying solely on the same. Please measure.
- Property ID: 145BURNSIDEAVWOON
- Lot Number: 104
Listed by eXp Realty
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Schools
Schools serving 145 Burnside Ave
School District:Woonsocket School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145 Burnside Ave
Date
Details
Price
Change
Source
6/29/2026
Listed
$725,000
88.31%
MLS
3/30/2021
Sold
$385,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 145 Burnside Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,130
-5%
$456,800
23%
2024
$5,402
—
$371,500
-4%
2023
$5,388
4%
$385,400
4%
2022
$5,194
56%
$371,500
166%
2021
$3,320
-1%
$139,800
—
2020
$3,355
—
$139,800
—
2018
$3,366
-15%
$139,800
6%
2017
$3,967
-5%
$131,800
—
2016
$4,197
-13%
$131,800
—
2015
$4,821
-11%
$131,800
-12%
2014
$5,402
4%
$150,300
—
2013
$5,194
—
$150,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 145 Burnside Ave
145 Burnside Avenue, Woonsocket, RI 02895 (MLS# 1416359) is a Apartment property with 9 bedrooms and 4 full bathrooms. 145 Burnside Avenue is currently listed for $725,000 and was received on June 29, 2026. Want to learn more about 145 Burnside Avenue? Do you have questions about finding other Apartment real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.

