668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6 6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer. Recent capital improvements including four new hot water tanks help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units. With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay. Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P & L or financial information being shared. All reasonable offers will receive consideration.
Some nearby schools may not be within this home's attendance zone. Please check the Woonsocket School District website to verify.
Bernon Heights School
Public K-5 • 0.5mi
4/10
Viola M Berard School
Private 2-12 • 0.4mi
Action Based Enterprises School
Private 1-8 • 0.6mi
Provided by GreatSchools
About Bernon
District
Bernon District, located between the Blackstone River and Downtown Woonsocket, is a historic and industrial Woonsocket neighborhood with brick mill architecture and riverfront pathways. The neighborhood’s character concentrates around the Museum of Work & Culture on Main Street, where converted mill blocks, small galleries, and coffee counters set a steady, street-level rhythm. The Museum of Work & Culture anchors local storytelling in a former mill building. River Island Art Park adds open-air installations and seasonal events along the water. The Blackstone River Bikeway threads past stone retaining walls and old canal edges, linking walks and bike rides to the district’s mill-era streetscape.
Provided by Walk Score and Local Logic
Offer insights
668 Grove St · $659,000
$669K and above
75% chance or better to win
Why $669K+ is a strong offer
DAYS ON MARKET
49 days
The average home goes pending in 29 days.
SALE-TO-LIST
100.9%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Living
Interior features
Attic
Bathtub
Tub/shower combination
Full unfinished basement with interior and exterior entry
Bedrooms
Four 2-bedroom units (unit levels: 2nd floor rear, 2nd floor front, 1st floor rear, 1st floor front)
Bathrooms
Four full bathrooms (one per unit)
Kitchen
Dishwasher
Microwave
Oven
Range
Refrigerator
Laundry & utility
Washer
Electric water heater
Utility room
Flooring
Ceramic tile
Hardwood
Laminate
Carpet
Heating & cooling
Gas baseboard heating
Exterior features
Paved driveway
Yard on a 0.29-acre lot
Zoned R3
Home design
Multi-family property with 4 units across 2 buildings
3 stories
Parking
Detached garage
6 garage spaces (6 covered)
12 total parking spaces
Construction
Wood and shingle siding with drywall and plaster interiors
Stone foundation
Utilities
200+ amp electrical service
Public water
Public sewer
HOA & community
Nearby amenities: highway access, public transportation, sidewalks, shopping, restaurants, recreation areas; close to schools
Financial info
Four-unit income property with individual unit rents reported (examples include $1,450; $1,300; $1,050; one unit area 975 sq ft listed)
Electricity and solar
View estimated energy costs and solar savings for this home
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
3/10 Fire Factor
0.31% chance of being 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
63% 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
83
65
80
58
75
55
65
45
53
36
39
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Woonsocket. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 668 Grove St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $418,000 and $670,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $418K to $670K.