Sold
Last Sold Price
9 beds7,009 sqft

126 Welles St, Woonsocket, RI 02895

Multi FamilyProperty Type
0.18 acresLot Size
1914Year Built
$102/sq ftPrice per sq ft
8 carsParking Spaces

Description

Turnkey 4-family in convenient location. All units have been fully renovated with updated kitchens, refreshed baths, and gleaming hardwoods. Major improvements including roof, windows, and water heaters are just a few years young, giving both owners and investors peace of mind. This well-managed property brings in $74,700 in annual rents with modest yearly expenses, making it an excellent cash-flow performer. For owner-occupants, the strong rents can significantly offset your mortgage an incredible...Turnkey 4-family in convenient location. All units have been fully renovated with updated kitchens, refreshed baths, and gleaming hardwoods. Major improvements including roof, windows, and water heaters are just a few years young, giving both owners and investors peace of mind. This well-managed property brings in $74,700 in annual rents with modest yearly expenses, making it an excellent cash-flow performer. For owner-occupants, the strong rents can significantly offset your mortgage an incredible opportunity to build equity while enjoying a beautifully updated home. 1st & 3rd floor units boast 3 bedrooms. Fully fire-coded and lead-certified (renewal in Feb.) Extras include ample off-street parking, coin-op laundry, and individual tenant storage. Located near shopping, restaurants, and highway access. A rare chance to own a move-in-ready 4-unit with outstanding numbers and long-term stability.
  • Listed by: Sue Dicks 508.509.5204 susandicks@erakey.net Brokerage DRE #REB.0018378 • Era Key Realty Services
Listing closed: 02/13/2026 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1401334
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Recent comparable sales

Median sold price

$615,000

Avg days on market

24

Sale-to-list ratio

101.0%

Woonsocket, RI

9 comparable properties found

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1/41
1

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9
Bedrooms
8,483
Square Feet
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Acres
$635,000 | 244 Paradis Avenue, Woonsocket, RI 02895
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5,400
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0.11
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$612,200 | 24 Sweet Avenue, Woonsocket, RI 02895
1/29
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6,692
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$690,000 | 48 Rebekah Street, Woonsocket, RI 02895
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6,376
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$610,000 | 118 Summer Street, Woonsocket, RI 02895
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$600,000 | 243 Transit Street, Woonsocket, RI 02895
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Sold 01/27/26

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Square Feet
0.19
Acres
$655,000 | 550 Winter Street, Woonsocket, RI 02895
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6,057
Square Feet
0.19
Acres
$615,000 | 563 Blackstone Street, Woonsocket, RI 02895
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8
Bedrooms
5,893
Square Feet
0.13
Acres
$550,000 | 107 Willow Street, Woonsocket, RI 02895
1/16
9

$550,000

Sold 07/16/25

9
Bedrooms
5,760
Square Feet
0.1
Acres

Location

Listing Courtesy of Era Key Realty Services

Sold By Divine Real Estate

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$4,311 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,817

Property Taxes

$494

HOA Dues

$0

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Property Information for 126 Welles Street

Property Details

  • Taxes: $5,932 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Bernon

Building Information

  • Stories: 3
  • Residences: 4
  • Year Built: 1914
  • Lot Size: 0.18 AC / 7,841 SF

Summary

Location and General Information
  • City: Woonsocket
  • Community Features: Sidewalks
  • Postal City: Woonsocket
  • Postal Code: 02895
  • Postal Code Plus4: 9604
  • State Or Province: RI
  • Zoning: R4
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $5,932.00
  • Tax Assessed Value: 528200
  • Tax Block: 24
  • Tax Lot: 41
  • Tax Map Number: 28E
  • Tax Year: 2025

Property

Lot Information
  • Above Grade Fin SQFT: 7009.0
  • Building Area Total: 7009.0
  • Frontage Length: 50
  • Living Area Source: Public Records
  • Lot Features: Paved
  • Lot Size Acres: 0.18
  • Lot Size Area: 7841.0
  • Lot Size Square Feet: 7841.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 126WELLESSTWOON
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Fha, Va
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1914
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Interior and Exterior Features

Exterior Features
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 9
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Laminate
  • Heating: Baseboard, Electric, Gas, Individual
  • Heating Y N: Yes
  • Interior Features: Tub Shower, Air Filtration
  • Laundry Features: Common Area
  • Patio And Porch Features: Porch
  • Rooms Total: 20

Multi Family

Income & Expenses Information
  • Operating Expense: $10,208.00
Unit 1 Information
  • Actual Rent: $1,750.00
  • Description: Kit,LR,DR,3BR,Bath,Den
  • Unit Type Area: 1400.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,250.00
  • Description: Kit,LR,BR,Bath
  • Occupant Type: Vacant
  • Unit Type Area: 500.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,475.00
  • Description: Kit,bath,LR,2 BR
  • Type: TwoBedroom
  • Unit Type Area: 1150.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,750.00
  • Description: Dbl Parlor,3 BR,panty, kitchen,bath
  • Unit Type Area: 1650.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0

Rental

Rental Information
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 126 Welles Street

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Sold

Rhode Island Association of REALTORS® #1401334

$715,000—
Jan 30, 2026

Sold (Public Record)

Public Record #1929426055

$715,000

+394.5% / yr

Dec 26, 2025

Contract Signed

Rhode Island Association of REALTORS® #1401334

—
DateEvent & SourcePrice
02/13/2026

Sold

Rhode Island Association of REALTORS® #1401334

$715,000
01/30/2026

Sold (Public Record)

Public Record #1929426055

$715,000

+394.5% / yr

12/26/2025

Contract Signed

Rhode Island Association of REALTORS® #1401334

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 126 Welles Street

Taxable Value

Land

$91,300

Additions

$436,900
Total$528,200

Tax Record

2025

$5,932 ($494 / month)

Home Facts

Baths

4

Total Finished SqFt

4,998 SqFt

Above Grade Finished SqFt

4,998 SqFt

Unfinished Basement SqFt

1,675 SqFt

Stories

3

Lot Size

7,841 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1914

Year Renovated

1914

Zoning

R4

County

PROVIDENCE

APN

WOON M:28E L:24 U:41

Schools near 126 Welles Street

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Bernon Heights School
PublicK to 5

Woonsocket Middle at Hamlet
Public6 to 8

Woonsocket High School
Public9 to 12

Woonsocket Middle @ Villa Nova
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 126 Welles Street, Woonsocket, RI 02895
$715,000
9
7,009
7,841
$260,000
–
6
6,016
7,841
–
–
6
5,272
7,841
–
–
3
2,890
5,663
$92,000
7
4,016
11,250
$204,000
–
3
1,975
6,534

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Era Key Realty Services

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.