New construction

$199,000

115 Railroad St, Woonsocket, RI 02895

--beds

0baths

--sqft

Est.:

Multi Family

Built in 1900

-- sqft lot

$193,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Off-street parking

Rare Opportunity – Prime MU1 Zoned Property! Unlock the potential of this vacant 3,800 sq ft building, fully gutted to the studs and ready for your vision. Situated on a generous 10,173 sq ft lot, this property offers off-street parking and sits in a coveted MU1 Zone, allowing for multi-family, commercial, or mixed-use development. Structural shell in place, awaiting your custom build-out Strategic Location Positioned for growth, visibility, and accessibility. Whether you're a developer, investor, or entrepreneur, this is your chance to create something exceptional. Multi-family housing? Boutique business? Live-work lofts? The possibilities are wide open.

91 days

437

9

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Bathroom

Features: No Tub or Shower

Heating

Other Fuel, Other

Cooling

None

Features

Wall (Wood), Plumbing (Other), Insulation (Unknown)
Flooring: Other
Basement: None,Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,835

Property

Parking

Total spaces: 8
Parking features: No Garage

Features

Stories: 2

Lot

Size: 10,171.26 Square Feet

Details

Parcel number: WOONM14RL302U6
Zoning: MU1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Wood Wall(s), Masonry
Foundation: Mixed

Condition

New construction: Yes
Year built: 1900

Utilities & green energy

Electric: 3 Phase
Sewer: Public Sewer
Water: Municipal

Community & HOA

Community

Subdivision: Constitutional Hill

HOA

Has HOA: No

Location

Region: Woonsocket

Financial & listing details

Tax assessed value: $258,600
Annual tax amount: $3,880
Date on market: 9/11/2025
Inclusions: Property is gutted. This was previously a two unit. Needs complete interior restructuring
Total actual rent: 0

Estimated market value

$193,000

$183,000 - $203,000

$1,855/mo

Price history

Date	Event	Price
9/11/2025	Listed for sale	$199,000+17.1%
Source: StateWide MLS RI #1394514 Report a problem
8/11/2022	Sold	$170,000-24.4%
Source: StateWide MLS RI #1313903 Report a problem
7/12/2022	Pending sale	$224,900-6.3%
Source: StateWide MLS RI #1313903 Report a problem
4/13/2022	Listing removed	--
Source: StateWide MLS RI #1301931 Report a problem
1/21/2022	Listed for sale	$239,900+72.6%
Source: StateWide MLS RI #1301931 Report a problem