$1,800,000

450 Summer St Woonsocket, RI 02895

$10,000
Closing credit¹
18 beds
10 full
0.5 acres
Multi-Family

Property details

About 450 Summer St

Introducing a rare opportunity to own a one-of-a-kind total of 10 units. One building is an 8-unit apartment house, nestled in one of the most desirable neighborhoods in the city. This exceptional property features meticulously maintained units, all in good condition, ensuring a comfortable living experience for tenants. Every unit boasts its own charm and character, providing a welcoming atmosphere for residents. The property includes a lovely yard, perfect for relaxation and ample parking space for both tenants and guests. A convenient coin-operated laundry facility on-site adds further appeal, making daily chores hassle-free. In addition to the 8-unit apartment house, this remarkable property encompasses a beautiful duplex, featuring two spacious Three -bedroom apartments. Ideal for larger families. The duplex provides an excellent living space while complementing the rental income from the apartment units. Rents are currently lower due to the presence of reliable, long-term tenants, reflecting the stability and community spirit of the neighborhood. This unique investment opportunity not only promises steady income but also the potential for future growth as new tenants come in. Don't miss the chance to acquire this well-maintained apartment complex in a prime location, where charm meets functionality, and community living shines. Whether you're an experienced investor or a first-time buyer, this property is a must-see!

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.45 Acres
Year built1900
ParkingNo Garage
MLS #1373505
FireplaceMasonry

Summary

  • MLS Number: 1373505
  • MLS Name: RIS
  • Office Name: RE/MAX Properties
  • Office Phone: (401) 232-3900
  • Office Email: rzompa@aol.com

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: 3/15/2025, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house featuring a balcony

$1,800,000

450 Summer St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 01, 2002
Home Sold
$427,000

Tax history

YearAssessmentProperty Tax
2024$296,300$4,308
2023$296,300$4,142
2022$296,300$4,142
2021$168,300$3,997
2020$168,300$4,039
2018$168,300$4,053
2017$139,900$4,211

History based on county public records data.

Nearby schools

3

Harris School

Public District KG-5

0.5 mi

60 High School St

5

Rise Preparatory Mayoral Academy Ele

Public Charter KG-4

0.9 mi

30 Cumberland St

3

Kevin K. Coleman School

Public District KG-5

1.1 mi

96 2nd Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,212. Residents of Woonsocket, RI typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

24%
<35k
59%
35k-100k
16%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Hiking/backpackingHiking/backpacking
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • ChipotleChipotle
  • White CastleWhite Castle

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Woonsocket, RI

About 450 Summer St

This home is located at 450 Summer St in Woonsocket, RI and zip code 02895. Features: 18 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,800,000.

While more than 11 listings in Woonsocket, RI in February 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The number of listings in Woonsocket, RI decreased by 4.4% between January and February 2025. In February 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $415,000.

From Rocket Homes Real Estate and based on county public records data.

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