494 Grove Street, Woonsocket, RI 02895

Local realty services provided by:EMPIRE REAL ESTATE GROUP ERA POWERED
494 Grove Street,Woonsocket, RI 02895
$599,999
  • 8 Beds
  • 4 Baths
  • 4,434 sq. ft.
  • Multi-family
  • Pending
Listed by:wayne hannon
Office:lpt realty
MLS#:1388292
Source:RI_STATEWIDE

Price summary

  • Price:$599,999
  • Price per sq. ft.:$135.32

About this home

Back on market due to garage being unsafe - seller to demo garage. Discover this large income-generating four-family home perfectly situated near all local conveniences. The property features two well-appointed one-bedroom units on the first floor, and two expansive three-bedroom units with classic double parlors on the second and third floors offering spacious living and strong rental appeal. Three of the four units have been thoughtfully updated, and each includes its own in-unit laundry for tenant convenience. Recent improvements include a new roof and newer heating systems, ensuring peace of mind for years to come. Plus, there may be opportunities to expand into the attic for even more value. With excellent tenants already in place and room to increase rents, this is the perfect opportunity to grow your portfolio with a true cash-flowing asset. Don't miss your chance to own this impressive money maker schedule your private showing today! Being sold as-is.

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Home facts

  • Year built:1900
  • Listing Id #:1388292
  • Added:52 day(s) ago
  • Updated:July 22, 2025 at 07:16 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:4,434 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1900
  • Building area:4,434 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$599,999
  • Price per sq. ft.:$135.32
  • Tax amount:$7,351 (2025)
MLS LogoThe 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 EMPIRE REAL ESTATE GROUP ERA POWERED are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: July 22, 2025