New Listing - 06/19/2026
339 Privilege Street, Woonsocket, RI, 02895
1963
Opportunity meets scale at this fully occupied six unit brick apartment building in North Woonsocket, near the Massachusetts line and within reach of Providence and Greater Boston. Built in 1963, the property offers six spacious two bedroom, one bath residences across three levels, creating an attractive foundation for investors seeking immediate income with long term upside. Three units offer approximately 954 square feet each, while three larger units offer approximately 1,079 square feet each. The building includes a common laundry room with washer and dryer, plus in unit laundry in three apartments. Tenants pay their own electric through seven individual meters. Lower level units feature radiant heat. Public water, public sewer, an updated fire alarm system, 11 parking spaces, and a 0.29 acre lot add convenience and tenant appeal. With all six units occupied and current rents offering potential for future growth, this property presents an opportunity to improve income over time while maintaining an established tenant base. Nearby destinations include Landmark Medical Center, the Stadium Theatre, the Museum of Work and Culture, Chan's, riverfront dining, shopping, and major commuter routes. Providence is approximately 13 miles away, Boston approximately 40 miles away, and the Massachusetts border is just minutes away. A compelling six door investment for buyers seeking density, accessibility, and value.
Status:
Active
Type:
Commercial
Laundry Remarks:
Common Area,In Unit,Laundry Room
Units:
0
Zoning:
R4
Complex:
North Woonsocket
Heating:
Baseboard
Cooling:
Window Unit(s)
Basement:
None
Parking:
11-car
Acreage:
0.29
Est. Taxes:
$6,941
Assessment
$618,100
Permitted Use
Multi-Family,Residential
Construction
Brick,Frame
Utilities
Cable Available,Electricity Available,Natural Gas Available,Municipal Utilities,Phone Available,Water Connected,Sewer Connected
Amenities:
Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
MLS #:
1415735
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Engel & Volkers 401-638-0010