Prime investment opportunity! This well-maintained three-family property boasts three spacious units, each with separate utilities, offering potential for consistent rental income. This three-family property offers three generously sized units, hardwood floors, new deck for each unit as well as laundry hookups. Currently generating a stable rental income with long-term tenants, this investment opportunity is ready for immediate cash flow.
Sold for $585,000 on 06/04/25
$585,000
538 Willow St, Woonsocket, RI 02895
9beds
4,020sqft
Multi Family
Built in 1920
-- sqft lot
$630,200 Zestimate®
$146/sqft
$2,433 Estimated rent
Home value
$630,200
$592,000 - $668,000
$2,433/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2025 at 03:42pm
Listed by:
Alexandria Roque 401-405-6170,
Century 21 The Seyboth Team
Bought with:
David Zuller, RES.0044737
Westcott Properties
Source: StateWide MLS RI,MLS#: 1378618
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Natural Gas, Baseboard, Central Air, Central
Cooling
- Central Air, None
Features
- Plumbing (Mixed)
- Flooring: Hardwood, Other, Vinyl
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,580
- Total interior livable area: 4,020 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
Lot
- Size: 4,791 sqft
Details
- Parcel number: WOONM28BL70U18
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools
Location
- Region: Woonsocket
HOA & financial
Other financial information
- Total actual rent: 4200
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Sold | $585,000-1.8%$146/sqft |
Source:  StateWide MLS RI #1378618 | ||
| 3/22/2025 | Pending sale | $595,900$148/sqft |
Source: StateWide MLS RI #1378618 | ||
| 3/7/2025 | Contingent | $595,900$148/sqft |
Source: StateWide MLS RI #1378618 | ||
| 3/1/2025 | Listed for sale | $595,900+98.6%$148/sqft |
Source: StateWide MLS RI #1378618 | ||
| 3/29/2021 | Sold | $300,000-9.1%$75/sqft |
Source: StateWide MLS RI #1272210 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,993 | $343,400 |
| 2024 | $4,993 +4% | $343,400 |
| 2023 | $4,801 | $343,400 |
Find assessor info on the county website
Neighborhood: Bernon District
Nearby schools
GreatSchools rating
- 3/10Bernon Heights SchoolGrades: K-5Distance: 0.5 mi
- 2/10Woonsocket Middle at HamletGrades: 6-8Distance: 0.3 mi
- NAWoonsocket Career An Tech CenterGrades: 9-12Distance: 0.8 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$630,200
2% more+ $12,604
With Zillow Showcase(estimated)
$642,804