Charming 4-unit property presents an exceptional opportunity for savvy investors or those in pursuit of a multifamily residence in a sought-after neighborhood. Meticulously maintained, this 4-unit gem promises a lucrative cash flow potential. The first-floor unit stands out with recent upgrades, a new kitchen with stainless steel appliances, new bathroom, new flooring, and paint. The first-floor unit is vacant. The home features two large units, each encompassing a generous living area, three comfortable bedrooms, and a full bath. The remaining two units offer decent-sized space, featuring two bedrooms and a full bath each. The property includes a full basement for additional storage, ample parking space for up to four cars. Newer roof. A sizable three-car garage is included, presenting an opportunity for additional income generation. The tenant responsibility for all utilities. Rents are market projected rents.
Multi-familyProperty Type
1920Year Built
5,500 sq ftLot Size
$163Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Talib Hussain• Keller Williams Elite
Bought with Marcus Duviella• Divine Real Estate, Inc.
Charming 4-unit property presents an exceptional opportunity for savvy investors or those in pursuit of a multifamily residence in a sought-after neighborhood. Meticulously maintained, this 4-unit gem promises a lucrative cash flow potential. The first-floor unit stands out with recent upgrades, a new kitchen with stainless steel appliances, new bathroom, new flooring, and paint. The first-floor unit is vacant. The home features two large units, each encompassing a generous living area, three comfortable bedrooms, and a full bath. The remaining two units offer decent-sized space, featuring two bedrooms and a full bath each. The property includes a full basement for additional storage, ample parking space for up to four cars. Newer roof about three years old. A sizable three-car garage is included, presenting an opportunity for additional income generation. The tenant responsibility for all utilities. Rents are market projected rents.
MLS PIN #73187158
Mar 8, 2024
Sold
$580,000
$141/sq ft
Dec 13, 2023
Listed
$599,000
$145/sq ft
RIS #1107959
Jan 26, 2016
Sold
$105,801
$26/sq ft
Nov 10, 2015
Pending
—
Nov 6, 2015
Price Changed
$117,000
$28/sq ft
Sep 16, 2015
Listed
$130,000
$32/sq ft
HUD owned 451-125791, As -is sale. Spacious multi in Woonsocket. .. UI - FHA loan not possible. Cash or 203k encouraged, Bidding instructions apply, Equal housing opportunity.
RIS #1053732
Jan 9, 2015
Listing Removed
—
Apr 24, 2014
Contingent
—
Mar 31, 2014
Relisted
—
Nov 2, 2013
Listed
—
RIS #430124
Apr 9, 2004
Sold
$271,000
$66/sq ft
Feb 28, 2004
Listing Removed
—
Jan 5, 2004
Listed
$289,000
$70/sq ft
RIS #315926
Jan 5, 2004
Listing Removed
—
Sep 29, 2003
Listed
$289,000
$70/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,731 (+8.6%)
$90,200 + $420,100
$510,300
2024
$5,279 (+4.0%)
$90,200 + $272,900
$363,100
2023
$5,076
$90,200 + $272,900
$363,100
2022
$5,076 (+28.8%)
$90,200 + $272,900
$363,100
2021
$3,940 (−1.1%)
$36,300 + $129,600
$165,900
2020
$3,982 (−0.3%)
$36,300 + $129,600
$165,900
2018
$3,995 (−2.2%)
$36,300 + $129,600
$165,900
2017
$4,085 (−5.5%)
$40,300 + $95,400
$135,700
2016
$4,321 (−13.0%)
$40,300 + $95,400
$135,700
2015
$4,964 (+0.2%)
$40,300 + $95,400
$135,700
2014
$4,953 (+4.0%)
$44,300 + $93,500
$137,800
2013
$4,762 (+7.1%)
$44,300 + $93,500
$137,800
2012
$4,445
$44,300 + $93,500
$137,800
Tax history for 45 Read Ave
Year
Property tax
Land + Additions
Assessment*
2025
$5,731 (+8.6%)
$90,200 + $420,100
$510,300
2024
$5,279 (+4.0%)
$90,200 + $272,900
$363,100
2023
$5,076
$90,200 + $272,900
$363,100
2022
$5,076 (+28.8%)
$90,200 + $272,900
$363,100
2021
$3,940 (−1.1%)
$36,300 + $129,600
$165,900
2020
$3,982 (−0.3%)
$36,300 + $129,600
$165,900
2018
$3,995 (−2.2%)
$36,300 + $129,600
$165,900
2017
$4,085 (−5.5%)
$40,300 + $95,400
$135,700
2016
$4,321 (−13.0%)
$40,300 + $95,400
$135,700
2015
$4,964 (+0.2%)
$40,300 + $95,400
$135,700
2014
$4,953 (+4.0%)
$44,300 + $93,500
$137,800
2013
$4,762 (+7.1%)
$44,300 + $93,500
$137,800
2012
$4,445
$44,300 + $93,500
$137,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
8
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
5,663 Sq. Ft.
Year renovated
—
Sq. Ft.
4,126
Year built
1920
Style
Multi-Family (5+ Unit)
County
Providence County
APN
489014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 3
# of Covered Spaces: 3
Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 20
Flooring: Tile, Vinyl, Hardwood
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Unit #4 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 4,126
Foundation Details: Stone
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch
Property Information
PropertySubType: 4 Family - 4 Units Up/Down
Lot Information
Lot Size (Acres): 0.13
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $5,076
Tax Year: 2023
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts, 100 Amp Service
Location
Location Information
Directions: Use GPS
UnparsedAddress: 45 Read Ave, Woonsocket RI 02895
Community Information
Senior CommunityYN: No
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 4,126
Stories: 3.0
Lot Size: 5,663 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Providence County
APN: 489014
Home facts updated by county records on Jun 22, 2026
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Woonsocket School District website to verify.
Pothier-Citizens Elementary Campus
Public PreK-5 • 0.4mi
3/10
Woonsocket Middle at Hamlet
Public 6-8 • 0.3mi
3/10
Woonsocket High School
Public 9-12 • 0.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 15 days in 30 years
6/10 Wind Factor
64% 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
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.