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$1,195,000 Just Listed
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Property Description
Excellent investment opportunity in the heart of Woonsocket! This fully occupied 8-unit multifamily offers approximately 5,500 square feet of living space and features eight spacious 2-bedroom, 1-bath apartments. The 2 -story building provides immediate, stable rental income and is an excellent addition to any investment portfolio. Conveniently located near downtown, shopping, restaurants, schools, major highways, and public transportation, the property offers strong rental appeal.
Full Property Details
Full Property Details for 37 Mechanic Ave
General
- Price: $1,195,000
- Taxes: $7,687 (2025)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1418562
- Updated: 7/22/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Residential
Location
- County: Providence
Utilities
- Sewer: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Structure Type: Apartment, Multi Family
- Detached/Attached: Detached
- Stories/Levels: 0
- Year Built: 1880
Lot Features
- Lot Size (Sq. Ft.): 8,712
- Lot Size: 8712
- Frontage: City Street
- Potential Use: Multi-Family, Residential
Financial Considerations
- Tax Amount: $7,687
- Tax Year: 2025
Disclosures and Reports
- Property ID: 37MECHANICAVWOON
- Lot Number: 261
Listed by N.E. Commercial RE Brokers
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Schools
Schools serving 37 Mechanic 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 37 Mechanic Ave
Date
Details
Price
Change
Source
7/22/2026
Listed
$1,195,000
—
MLS
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 37 Mechanic Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,687
7%
$684,500
39%
2024
$7,161
4%
$492,500
—
2023
$6,885
—
$492,500
—
2022
$6,885
4%
$492,500
76%
2021
$6,652
-1%
$280,100
—
2020
$6,722
—
$280,100
—
2018
$6,745
-18%
$280,100
2%
2017
$8,247
-5%
$274,000
—
2016
$8,724
-13%
$274,000
—
2015
$10,023
7%
$274,000
5%
2014
$9,352
4%
$260,200
—
2013
$8,993
—
$260,200
—
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 37 Mechanic Ave
37 Mechanic Avenue, Woonsocket, RI 02895 (MLS# 1418562) is a Commercial Residential Facility property. 37 Mechanic Avenue is currently listed for $1,195,000 and was received on July 22, 2026. Want to learn more about 37 Mechanic Avenue? Do you have questions about finding other Commercial Residential Facility real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.

