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$625,000
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Property Description
Back on market due to garage being unsafe - seller to demo garage. Discover this large income-generating four-family home perfectly situated near all local conveniences. The property features two well-appointed one-bedroom units on the first floor, and two expansive three-bedroom units with classic double parlors on the second and third floors offering spacious living and strong rental appeal. Three of the four units have been thoughtfully updated, and each includes its own in-unit laundry for tenant convenience. Recent improvements include a new roof and newer heating systems, ensuring peace of mind for years to come. Plus, there may be opportunities to expand into the attic for even more value. With excellent tenants already in place and room to increase rents, this is the perfect opportunity to grow your portfolio with a true cash-flowing asset. Don't miss your chance to own this impressive money maker schedule your private showing today! Being sold as-is.
Full Property Details
Full Property Details for 494 Grove St
General
- Sold For: $625,000
- Taxes: $7,351 (2025)
- Status: Closed
- Type: Apartment
- Source: STWMLS
- MLS ID: 1388292
- Added to Site: 208 day(s) ago
Interior
- Number of Rooms: 18
- Fireplace(s): None
- Appliances: Electric Water Heater, Oven, Range, Refrigerator
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Porch
Parking
- Total Spaces: 8
- Parking Features: No Garage
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas, Other
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 4434
- Finished Total: 4,434 Sq. Ft.
- Finished Above Grnd: 4,434 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 6534
Financial Considerations
- Operating Expenses: $1,200
- Tax Amount: $7,351.42
- Tax Year: 2025
Disclosures and Reports
- Property ID: 494GROVESTWOON
- Lot Number: 23
Listed by LPT Realty
Sold by eXp Realty
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Schools
Schools serving 494 Grove St
School District:Woonsocket School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 494 Grove St
Date
Details
Price
Change
Source
9/03/2025
Sold
$625,000
4.17%
MLS
6/22/2025
Listed
$599,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
494 Grove Street, Woonsocket, RI 02895 (MLS# 1388292) is a Apartment property that was sold at $625,000 on September 03, 2025. Want to learn more about 494 Grove Street? 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.

