Incredible opportunity for investors and developers in Woonsocket, RI. This 4-unit residential building has been fully gutted to the studs, providing a blank canvas ready for customization, renovation, and value-add potential. Ideal for those looking to design and finish units to their exact specifications, this property offers tremendous upside once completed. Off-street parking is included, adding convenience and appeal for future tenants. Located in an excellent area with easy access to major highways, shopping, dining, and local amenities, the property is well-positioned for strong rental demand. Whether you're an experienced developer or an investor seeking your next project, this is a rare chance to transform a multi-unit property in a desirable Woonsocket location. Don't miss out on this exceptional investment opportunity. Engineering and permit ready - Being sold as-is.
Some nearby schools may not be within this home's attendance zone. Please check the Woonsocket School District website to verify.
Kevin K. Coleman School
Public K-5 • 0.4mi
3/10
Woonsocket Middle @ Villa Nova
Public 6-8 • 1.0mi
3/10
Harris School
Public K-5 • 0.5mi
3/10
Provided by GreatSchools
About Downtown
Woonsocket
Downtown Woonsocket, located between the Blackstone River and Social Street, is a historic and walkable Woonsocket neighborhood with brick mill architecture and a civic waterfront. The neighborhood’s character concentrates around Main Street at Monument Square, where cafés, small storefronts, and municipal buildings frame the daily street scene. Stadium Theatre anchors the cultural calendar with live performances in a restored movie palace setting. Museum of Work & Culture adds context through exhibits tied to the Blackstone Valley’s industrial roots. Riverfront paths and pocket parks trace the water’s edge, while early-20th-century commercial blocks give the streets a compact, urban rhythm.
Provided by Walk Score and Local Logic
Offer insights
36 Fairmount St · $419,900
$421K and above
75% chance or better to win
Why $421K+ is a strong offer
DAYS ON MARKET
225 days
The average home goes pending in 24 days.
SALE-TO-LIST
100.9%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full unfinished basement with interior entry
Bedrooms
Four 1-bedroom units
Two 2-bedroom units
Bathrooms
Four full bathrooms (one per unit)
Kitchen
Gas water heater (equipment listed)
Laundry & utility
Gas water heating
Heating & cooling
Gas baseboard heating
Exterior features
Yard on a 0.1-acre lot
Home design
Single building containing 4 residential units
Above-grade finished area approximately 3,400
Parking
No garage
Total of 4 off-street parking spaces
Construction
Wood siding construction
Utilities
Sewer connected
Public water connected
Electric with circuit breakers
Financial info
Multifamily property with 4 total units (investor property)
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome to 36 Fairmount St, Woonsocket a lucrative 4-unit property ideal for investors or owner occupants. Unit 1 offers a cozy studio, while Unit 2 boasts 1 bed and 1 bath. Unit 3 and 4 are spacious 3 bed, 1 bath units, perfect for families. Convenience is key with a 1-car garage and 6 off-street parking spaces. Enjoy hassle-free utility management with individual electric and gas meters, plus the benefits of sewer and city water. But that's not all landlords will appreciate the additional income stream from the convenient coin-operated laundry, while tenants will love the ease and accessibility it brings to their daily lives. With low taxes, this property is a sound investment. All tenants are on month-to-month leases, managed by professionals for added peace of mind. Owner occupants can seize the opportunity to benefit from the new 5% down mortgage program. Whether you're looking to expand your portfolio or make this your new home, 36 Fairmount St awaits a wise investment in Rhode Island real estate.
MLS PIN #73190110
Apr 26, 2024
Sold
$450,000
$132/sq ft
Jan 3, 2024
Listed
$450,000
$132/sq ft
RIS #1349449
Jan 3, 2024
Listing Removed
—
Dec 11, 2023
Listed
$500,000
$147/sq ft
RIS #1218463
Jul 12, 2019
Sold
$224,000
$66/sq ft
May 30, 2019
Pending
—
May 20, 2019
Relisted
—
May 14, 2019
Pending
—
Mar 27, 2019
Listed
$229,900
$68/sq ft
RIS #851442
Dec 19, 2013
Price Changed
$30,000
$9/sq ft
Apr 28, 2009
Sold
$30,000
$9/sq ft
Mar 21, 2009
Listing Removed
—
Aug 21, 2008
Listed
$120,900
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,465 (+13.0%)
$86,500 + $311,100
$397,600
2024
$3,951 (+4.0%)
$86,500 + $185,200
$271,700
2023
$3,798
$86,500 + $185,200
$271,700
2022
$3,798 (+4.9%)
$86,500 + $185,200
$271,700
2021
$3,622 (−1.0%)
$34,700 + $117,800
$152,500
2020
$3,660 (−0.3%)
$34,700 + $117,800
$152,500
2018
$3,672 (+9.2%)
$34,700 + $117,800
$152,500
2017
$3,362 (−5.5%)
$38,600 + $73,100
$111,700
2016
$3,557 (−12.9%)
$38,600 + $73,100
$111,700
2015
$4,086 (−0.4%)
$38,600 + $73,100
$111,700
2014
$4,101 (+4.0%)
$42,500 + $71,600
$114,100
2013
$3,943 (+7.1%)
$42,500 + $71,600
$114,100
2012
$3,681
$42,500 + $71,600
$114,100
Public record
Public record
Permits
Beds
6
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,025
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,025
Year built
1900
Style
Multi-Family (5+ Unit)
County
Providence County
APN
299937
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Sep 7, 2025 • Final
Demolition
Perform interior demolition of the ceiling, walls, floor, and insulation on the third floor. Demolish affected sections of the ceiling, walls, floor, and insulation on the first and second floors.
Demolition
Aug 19, 2025 • Final
Electrical
Install a temporary generator hookup to spider boxes to provide power for fire damage mitigation equipment.
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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
6/10 Wind Factor
66% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Woonsocket, RI • 02895
Average low and high temperatures (°F)
34
19
37
20
52
32
61
41
69
51
81
61
84
66
80
58
75
55
65
45
53
36
39
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 36 Fairmount St
$405,332
$15K under list price of $420K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $142K to $630K.