#1388907, Listing office: Keller Williams Leading Edge
Property details
About 281 S Main St
Amazing investment opportunity in Woonsocket, RI! This well-maintained 5-unit property features a versatile mix of units: two 3-bedroom units, two 2-bedroom units, and one spacious 4-bedroom unit ideal for a diverse tenant base. Conveniently located near major highways, shopping, and amenities, it offers excellent accessibility for commuters and families alike. The property includes off-street parking a rare and valuable bonus in the area. Key upgrades include a newer roof (approx. 2 years old), full fire system, all lead certificates in place, and no city violations. Additional features include a walk-up attic, a coin-operated laundry in the basement, and even room to add more units. Whether you're looking to expand your portfolio or owner-occupy, this property offers immediate income and long-term potential. Don't miss this rare multifamily gem with strong rental upside and future growth opportunities!
Highlights
Summary
- Full Bathrooms: 5
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Hardwood, Laminate, Other
- Total Bedroom Count: 14
- Parking: No Garage
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $675,000
- Annual Tax Amount: $5,218
- Tax Year: 2024
- Year Built: 1900
- Lot Size: 0.12 Acres
- MLS Number: 1390042
- MLS Name: RIS
- Office Name: Century 21 Limitless
- Office Phone: (508) 567-3468
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
May 21, 2008 | Home Sold | $150,000 |
May 20, 2005 | Home Sold | $155,000 |
Jun 25, 1998 | Home Sold | $45,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $358,900 | $5,218 |
2023 | $358,900 | $5,017 |
2022 | $358,900 | $5,017 |
2021 | $196,300 | $4,662 |
2020 | $196,300 | $4,711 |
2018 | $196,300 | $4,727 |
2017 | $135,900 | $4,091 |
History based on county public records data.
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
0.6 mi
•192 Avenue A
3
Harris School
Public District KG-5
0.8 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. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
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 281 S Main St
The listing price of 281 S Main St property is $675,000.
The property 281 S Main St is a multi located in Woonsocket, Rhode Island, 02895.
Active Listing: 281 S Main St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 281 S Main St 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).
According to the records, the last property tax for 2024 is $5,218 (source: MLS/based on county public records data).
The last sale was on May 21, 2008 for $150,000 (source: MLS/tax record).
The year of construction for 281 S Main St is 1900.
This home is located at 281 S Main St in Woonsocket, RI and zip code 02895. Features: 14 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $675,000.
In June 2025 more than 23 listings in Woonsocket, RI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. In June 2025 in Woonsocket, RI there were 14.1% less homes for sale than in May. While the average time on the market in June 2025 was 22 days, the median list price was $415,000.