#73308761, Emilio DiSpirito, Listing office: Engel & Volkers East Greenwich
Property details
About 0 Fourth Ave
EASY APPROVALS & DEVELOPMENT OPPORTUNITY!!! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive average rent of $2,100 per unit, this site presents a golden opportunity to tap into a proven and flourishing rental market. Capitalize on the neighboring developer's hard work and leverage this prime spot in an up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!
Highlights
Summary
- Exterior: Paved Driveway
- List Price: $449,900
- Lot: Corner Lot, Paved, Level
- Lot Size: 0.3715 Acres
- MLS Number: 1372065
- MLS Name: RIS
- Office Name: Engel & Volkers
- Office Phone: (401) 638-0010
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Last updated on: 6/11/2025, 12:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,900
0 Fourth Ave
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Price information
Property sales
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Nearby schools
3
Kevin K. Coleman School
Public District KG-5
0.3 mi
•96 2nd Ave
2
Globe Park School
Public District PK-5
0.7 mi
•192 Avenue A
3
Harris School
Public District KG-5
0.7 mi
•60 High School St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,231. Typical income of Woonsocket, RI residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
Living in Woonsocket, RI
Transportation in Woonsocket is facilitated by a combination of public bus services and a network of major roads that connect the city to the rest of Providence and neighboring states. The public transit system offers routes that cover key areas of the city, with varying schedules to accommodate commuters. Woonsocket's walkability varies by neighborhood, with some areas being more pedestrian-friendly than others. The city's infrastructure also supports cycling, with bike lanes present in certain parts. While ride-sharing services are commonly used, specific brands are not mentioned to maintain neutrality.
The community is served by a network of public services that includes several public schools, healthcare facilities, and a public library system. Woonsocket's educational landscape comprises elementary, middle, and high schools, as well as options for higher education in nearby areas. Healthcare services are accessible through local clinics and a regional hospital that provides emergency care and specialized treatments. Retail and dining options are plentiful, with a mix of national chains and local establishments that reflect the city's diverse cultural makeup.
Woonsocket is celebrated for its vibrant history and cultural heritage, with a community that prides itself on its strong sense of identity. The city's character is shaped by its historical architecture, local arts scene, and annual events like the Autumnfest that bring the community together. Residents enjoy a variety of local attractions, including the Museum of Work and Culture, which pays homage to the city's industrial past.
Woonsocket's housing market is characterized by a blend of historical and contemporary styles, with a significant presence of Victorian and Colonial homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, multi-family residences, and apartment complexes. While single-family homes are prevalent, there is also a substantial number of multi-family units that cater to various housing needs. The homeownership rate in Woonsocket is around 40%, with the remaining 60% of residents opting to rent, indicative of a strong rental market.
About 0 Fourth Ave
The listing price of 0 Fourth Ave property is $449,900.
The property 0 Fourth Ave is land located in Woonsocket, Rhode Island, 02895.
Active Listing: 0 Fourth Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 0 Fourth Ave are: Kevin K. Coleman School (GreatSchools Rating 3/10), Globe Park School (GreatSchools Rating 2/10), Harris School (GreatSchools Rating 3/10), Founders Academy (GreatSchools Rating 4/10), Woonsocket Middle @ Villa Nova (GreatSchools Rating 3/10), Woonsocket Middle at Hamlet (GreatSchools Rating 3/10), Beacon Charter School (GreatSchools Rating 4/10), Woonsocket High School (GreatSchools Rating 2/10), Blackstone - Millville Regional High School (GreatSchools Rating 3/10).
The property 0 Fourth Ave is 0.372 acres.
This home is located at 0 Fourth Ave in Woonsocket, RI and zip code 02895. Features: 0 bathroom. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $449,900.
While more than 22 listings in Woonsocket, RI in May 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 13 were sold below. The number of listings in Woonsocket, RI increased by 8.2% between April and May 2025. While the average time on the market in May 2025 was 36 days, the median list price was $418,975.