Properties
Our ListingsDevelopmentsBuyRent
Selling with Us
Shops & Advisors
Find a ShopFind an Advisor
Explore
AboutDevelopment ServicesPrivate OfficeFranchising
USD $449,900
0 Fourth Avenue, Woonsocket, RI, 02895
Save
Share
Contact an Advisor

By checking this box, you agree that Engel & Völkers, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Service and Privacy Policy. Message/data rates may apply. Consent is not a condition to access real estate services.

Share
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Courtesy of  Engel & Volkers
16,182 sq.ft
AM-5058141
MLS#: 1372065
EASY APPROVALS & DEVELOPMENT OPPORTUNITY!!! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive average rent of $2,100 per unit, this site presents a golden opportunity to tap into a proven and flourishing rental market. Capitalize on the neighboring developer's hard work and leverage this prime spot in an
up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!
up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!
Read More

Listing Highlights

  • Tax Annual Amount

    $2,079

  • Lot Size (Sq Ft)

    16,182 sq.ft

  • County

    Providence

  • Subdivision

    America First - Fairmount

Property Details

  • Utilities
    Utilities
    Electricity Available, Natural Gas Available, Phone Available, Water Connected
    Water Source
    Public
  • Exterior Features
    Lot Features
    Cleared, Level, Corner Lot, Paved
  • Construction
    Property Type
    Land
  • Parking
    Parking Features
    Paved

Location

  • RI
  • Woonsocket
  • 02895
  • Providence
  • 0 Fourth Avenue

Payment Calculator

Enter your payment information to receive an estimated monthly payment

Home Price

Down Payment

Mortgage Loan

Year Fixed

Your Monthly Payment

$2,625.49

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The real estate listing data marked with this icon comes from the IDX program of the Statewide Multiple Listing Service™ system. The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by Movoto, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Any use of search facilities of data on the site other than by a consumer seeking to purchase real estate is prohibited. Copyright© 2023 State-Wide MLS, Inc. All rights reserved.

StateWide MLS (Rhode Island)

Updated: April 2, 2025 12:00 AM