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$695,000 Just Listed
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Property Description
Well maintained 4-unit multifamily offering a strong investment or owner-occupant opportunity in a convenient Woonsocket location. This property features a desirable unit mix of two 2-bedroom units and two 3-bedroom units, each with spacious layouts and functional living space. Recent updates include a new roof installed in January 2026, providing added value and peace of mind. Additional highlights include off-street parking and basement storage, offering convenience for occupants. Separate living areas and flexible layout make this property well-suited for rental income or multi-generational living. Conveniently located near local amenities, shopping, and major routes. A solid opportunity for investors looking to expand their portfolio or for owner-occupants seeking rental income. Owner is a licensed real estate agent. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to perform their due diligence. Property sold as is.
Full Property Details
Full Property Details for 551 Wood Ave
General
- Price: $695,000
- Taxes: $5,852 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1407058
- Updated: Today (3/22/2026)
- Added to Site: Today
Interior
- Number of Rooms: 20
- Interior Features: Bathtub, Stall Shower, Tub Shower
- Appliances: Gas Water Heater
- Flooring: Carpet, Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 10
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Providence
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Sewer Assessment(s)
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Wood Siding, Aluminum Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 5227
- Finished Total: 5,227 Sq. Ft.
- Finished Above Grnd: 5,227 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5227
- Lot Features: Paved
Financial Considerations
- Operating Expenses: $9,317
- Tax Amount: $5,852
- Tax Year: 2025
- Terms: Assumable
Disclosures and Reports
- Property ID: 551WOODAVWOON
- Lot Number: 255
Listed by eXp Realty
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Schools
Schools serving 551 Wood 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 551 Wood Ave
Date
Details
Price
Change
Source
3/22/2026
Listed
$695,000
69.51%
MLS
6/03/2021
Sold
$410,000
—
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 551 Wood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,852
6%
$521,100
38%
2024
$5,508
4%
$378,800
—
2023
$5,296
—
$378,800
—
2022
$5,296
37%
$378,800
133%
2021
$3,867
-1%
$162,800
—
2020
$3,907
—
$162,800
—
2018
$3,920
-5%
$162,800
19%
2017
$4,121
-5%
$136,900
—
2016
$4,359
-13%
$136,900
—
2015
$5,008
—
$136,900
-2%
2014
$4,996
4%
$139,000
—
2013
$4,804
—
$139,000
—
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 551 Wood Ave
551 Wood Avenue, Woonsocket, RI 02895 (MLS# 1407058) is a Apartment property with 10 bedrooms and 4 full bathrooms. 551 Wood Avenue is currently listed for $695,000 and was received on March 22, 2026. Want to learn more about 551 Wood 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.

