This home's estimate is 37.8% higher than the average sale price ($480K) of 6 comparable homes.
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576 Providence St, Woonsocket, RI 02895
About this home
Improved price $630,000! Schedule your showing today! Prime Investment Opportunity in Woonsocket's Globe District! Discover this exceptional 3-unit investment property at 576 Providence Street, perfectly positioned in the sought-after Globe district on the North Smithfield line. This meticulously maintained triple-decker offers reliable income generation with minimal maintenance requirements. Property Features: Six bedrooms across three units: first floor features 2 bedrooms/2 bathrooms, while upper floors each offer 2 bedrooms/1 bathroom. Recent updates include newer roof, renovated kitchen and bathrooms throughout, updated heating system, and fresh paint. Investment Benefits: Strong rental income from established long-term tenants provides immediate cash flow. Exceptionally low maintenance costs maximize returns. Landlord covers water, sewer, and heating utilities, enhancing tenant appeal and retention. Amenities: In-building laundry, rear parking, and prime Globe district location with easy access to local amenities. The Bottom Line: This turnkey opportunity combines stable tenancies with Woonsocket's growing rental market. Recent capital improvements and landlord-paid utilities create competitive advantages for consistent long-term returns. Don't miss this premium multi-family investment in one of Woonsocket's most desirable neighborhoods.
Redfin Estimate
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Market trends in 02895, RI
Last updated August 2026
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Provided by Redfin
Sale history for 576 Providence St
$94/sq ft
$93/sq ft
$94/sq ft
Tax history for 576 Providence St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking
- Features: No Garage
- # of Parking (Total): 3
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 4
- Room Information
- # of Rooms (Total): 18
- Has Basement
- Basement Information: Full, Interior Entry, Unfinished
- Laundry Information
- Features: Common Area
- Equipment
- Appliances: Gas Water Heater, Water Heater, Water Heater Rented
- Interior Features
- Window Features: Thermal Windows
- Flooring: Ceramic Tile, Hardwood, Parquet
- Other Features: Tub Shower
- Multi Unit Information
- # Of Units Total: 3
- # Of Buildings: 1
- Multi Unit Financial Information
- Operating Expense: $13,100
Exterior
- Building Information
- Stories (Total): 3
- Construction Details: Drywall, Plaster, Vinyl Siding
- Exterior Features
- Exterior Features: Deck, Porch, Paved Driveway
- Patio And Porch Features: Deck, Porch
- Lot Information
- Lot Size Area: 5,227
- Lot Size Acres: 0.12
- Lot Features: Paved
- Zoning: R3
- Property Information
- Above Grade Finished Area: 6,791
- Foundation Details: Combination, Concrete Perimeter, Stone
Financial
- Assessments and Fees
- Assessed Value: $366,600
- Tax Information
- Annual Tax Amount: $5,330
- Tax Year: 2024
- Rental Information
- Owner Pays: Hot Water
- 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, Central, Common, Gas, Hot Water, Zoned
Location
- Community Information
- Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Public facts
- Beds: 8
- Baths: 4.0
- Sq. Ft.: 3,756
- Stories: 3.0
- Lot Size: 5,227 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1925
- Year Renovated: —
- County: Providence County
- APN: 192925
Around this home
Schools
Public PreK-5 • 0.2mi
Public K-5 • 0.8mi
Private N/A • 0.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be 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.
Nearby similar homes
New listings for sale in 02895
Home values near 576 Providence St
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 3075 Sq. Ft. | $538,096 |
3 Beds | 1 Baths | 926 Sq. Ft. | $293,991 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1683 Sq. Ft. | $450,505 |
6 Beds | 2 Baths | 3286 Sq. Ft. | $392,126 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 1596 Sq. Ft. | $457,903 |
3 Beds | 1 Baths | 926 Sq. Ft. | $235,100 |
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