471 Providence Street, Woonsocket, RI 02895

Property Description

471 Providence St presents a solid opportunity for an owner-occupant or investor looking to build equity in a multifamily property with strong potential. The property offers spacious units with good layout flow, generously sized bedrooms, and separate living spaces that work well for both tenants and multigenerational living. The kitchens and some interior finishes could use updating, and there is exterior deferred maintenance, but the property offers a great opportunity for someone willing to put in the work and add value over time. One of the standout features is the large basement with two forms of egress, offering significant storage space and possible future expansion potential, subject to buyer due diligence and any necessary approvals. Additional features include off-street parking and a convenient location close to local restaurants, shopping, schools, and major highways. Whether you're looking for an investment property or a chance to live in one unit while collecting rental income from the others, this property offers flexibility and upside potential.