This home's estimate is 35.6% higher than the average sale price ($567K) of 6 comparable homes.
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126 Welles St, Woonsocket, RI 02895
About this home
Turnkey 4-family in convenient location. All units have been fully renovated with updated kitchens, refreshed baths, and gleaming hardwoods. Major improvements including roof, windows, and water heaters are just a few years young, giving both owners and investors peace of mind. This well-managed property brings in $74,700 in annual rents with modest yearly expenses, making it an excellent cash-flow performer. For owner-occupants, the strong rents can significantly offset your mortgage an incredible opportunity to build equity while enjoying a beautifully updated home. 1st & 3rd floor units boast 3 bedrooms. Fully fire-coded and lead-certified (renewal in Feb. ) Extras include ample off-street parking, coin-op laundry, and individual tenant storage. Located near shopping, restaurants, and highway access. A rare chance to own a move-in-ready 4-unit with outstanding numbers and long-term stability.
Redfin Estimate
Market trends in 02895, RI
Last updated September 2026
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Provided by Redfin
Sale history for 126 Welles St
$102/sq ft
$100/sq ft
$0/sq ft
$0/sq ft
$0/sq ft
Tax history for 126 Welles St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Permits
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
- Parking
- Features: No Garage
- # of Parking (Total): 8
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 4
- Room Information
- # of Rooms (Total): 20
- Room Types: Storage Room, Utility Room
- Has Basement
- Basement Information: Exterior Entry, Full, Interior Entry, Unfinished
- Laundry Information
- Features: Common Area
- Equipment
- Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
- Interior Features
- Flooring: Hardwood, Laminate
- Other Features: Tub Shower, Air Filtration
- Multi Unit Information
- # Of Units Total: 4
- # Of Buildings: 1
- Multi Unit Financial Information
- Operating Expense: $10,208
- Unit Type 1
- Unit Description: Kit,LR,DR,3BR,Bath,Den
- # of Bedrooms: 3
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 1400.0
- Actual Rent: $1,750
- Unit Type 2
- Unit Description: Kit,LR,BR,Bath
- # of Bedrooms: 1
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 500.0
- Actual Rent: $1,250
- Unit Type 3
- Two Bedroom
- Unit Description: Kit,bath,LR,2 BR
- # of Bedrooms: 2
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 1150.0
- Actual Rent: $1,475
- Unit Type 4
- Unit Description: Dbl Parlor,3 BR,panty, kitchen,bath
- # of Bedrooms: 3
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 1650.0
- Actual Rent: $1,750
Exterior
- Building Information
- Stories (Total): 3
- Construction Details: Plaster, Vinyl Siding
- Exterior Features
- Exterior Features: Porch, Paved Driveway
- Patio And Porch Features: Porch
- Lot Information
- Lot Size Area: 7,841
- Lot Size Acres: 0.18
- Lot Features: Paved
- Frontage Length: 50
- Frontage Length Remarks: 50
- Zoning: R4
- Property Information
- Above Grade Finished Area: 7,009
- Foundation Details: Stone
Financial
- Assessments and Fees
- Assessed Value: $528,200
- Tax Information
- Annual Tax Amount: $5,932
- Tax Year: 2025
- Rental Information
- Tenant Pays: Hot Water
Utilities
- Utility Information
- Utilities: Sewer Connected
- Electric: Circuit Breakers
- Sewer: Connected, Public Sewer
- Water Source: Connected, Public, Water Tap Fee
- Heating & Cooling
- Has Heating
- Heating: Baseboard, Electric, Gas, Individual
Location
- Community Information
- Community Features: Sidewalks
Public facts
- Beds: 6
- Baths: 4.0
- Sq. Ft.: 4,998
- Stories: 3.0
- Lot Size: 7,841 square feet
- Style: Multi-Family (5+ Unit)
- Year Built: 1914
- Year Renovated: —
- County: Providence County
- APN: 562993
Around this home
Schools
Public K-5 • 0.5mi
Public 6-8 • 0.3mi
Public 9-12 • 1.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 95° expected this year, 15 days in 30 years
63% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 8.9 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.
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Home values near 126 Welles St
| Address | Redfin Estimate |
|---|---|
5 Beds | 2.5 Baths | 2016 Sq. Ft. | $398,889 |
6 Beds | 6 Baths | 6016 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
9 Beds | 6 Baths | 5272 Sq. Ft. | — |
7 Beds | 5 Baths | 4016 Sq. Ft. | $573,803 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 2890 Sq. Ft. | $477,014 |
5 Beds | 3 Baths | 1975 Sq. Ft. | $500,272 |
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