Sold
Last Sold Price
8 beds5,256 sqft$75/sqft
141 Welles St, Woonsocket, RI 02895
Multi FamilyProperty Type
6,534 sq ftLot Size
1925Year Built
$75/sq ftPrice per sq ft
4 carsParking Spaces

Description

Looking for a rare opportunity to own two properties on one lot? This is it! Take a look at this outstanding opportunity to own two 2 family homes at the price of one. Solid cash flow! The front house consists of two 2 bed 1 bath units, as does the rear house. Enjoy low maintenance vinyl siding and replacement vinyl windows. Both buildings have updated heat, including hot water tanks and furnaces being less than 5 years old. New electrical services are being installed. The units are nicely laid out...Looking for a rare opportunity to own two properties on one lot? This is it! Take a look at this outstanding opportunity to own two 2 family homes at the price of one. Solid cash flow! The front house consists of two 2 bed 1 bath units, as does the rear house. Enjoy low maintenance vinyl siding and replacement vinyl windows. Both buildings have updated heat, including hot water tanks and furnaces being less than 5 years old. New electrical services are being installed. The units are nicely laid out and feel spacious. Property also boasts 4 off street parking spaces. Minutes away from all of the amenities downtown Woonsocket as to offer! Live in one unit and let the rents pay your mortgage! Long term tenants in place, front house tenants are leased and rear house tenants are month to month. Front house does have an unfinished attic with potential to be converted into townhouse style. With the current rental market becoming so competitive, this fantastic income property is sure to move quickly! Can be sold as a package with 179 2nd Ave in Woonsocket or separately.
  • Listed by: Jonathan Annear 401.559.7007 annearrealestate@outlook.com Brokerage DRE #REC.0016109 • Broadway Real Estate Group
Listing closed: 01/09/2023 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1325430

Recent comparable sales

Median sold price

$575,000

Avg days on market

16

Sale-to-list ratio

106.6%

Woonsocket, RI

9 comparable properties found

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1

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Sold 06/13/25

8
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6,192
Square Feet
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Square Feet
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Acres
$631,100 | 84 Northeast Street, Woonsocket, RI 02895
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$625,000 | 494 Grove Street, Woonsocket, RI 02895
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$670,000 | 190 Crawford Street, Woonsocket, RI 02895
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Square Feet
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$520,000 | 40 Paradis Avenue, Woonsocket, RI 02895
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Sold 11/01/24

8
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Square Feet
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Acres
$530,000 | 75 West Park Place, Woonsocket, RI 02895
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$530,000

Sold 10/18/24

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3,383
Square Feet
0.11
Acres

Location

Listing Courtesy of Broadway Real Estate Group

Sold By Broadway Real Estate Group

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Payment Calculator

$2,563 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,008

Property Taxes

$555

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 141 Welles Street

Property Details
  • Taxes: $6,664 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Fairmount
Building Information
  • Stories: 3
  • Residences: 4
  • Year Built: 1925
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • City: Woonsocket
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Postal City: Woonsocket
  • Postal Code: 02895
  • Postal Code Plus4: 4626
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $6,664.00
  • Tax Assessed Value: 476700
  • Tax Lot: 118
  • Tax Year: 2022
Property
Lot Information
  • Above Grade Fin SQFT: 5256.0
  • Building Area Total: 5256.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.15
  • Lot Size Area: 6534.0
  • Lot Size Square Feet: 6534.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 141WELLESSTWOON
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Arm, Conventional
  • 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: 1925
  • C L I P: 2,521,478,733
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Foundation Details: Combination
Interior Features
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Laminate
  • Heating: Baseboard, Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Attic, Permanent Attic Stairs, Tub Shower
  • Laundry Features: Common Area
  • Patio And Porch Features: Porch
  • Rooms Total: 18
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $850.00
  • Unit Type Area: 1200.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $800.00
  • Unit Type Area: 1200.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $950.00
  • Unit Type Area: 920.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,000.00
  • Unit Type Area: 1088.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 141 Welles Street

DateEvent & SourcePriceAppreciation
Jan 11, 2023

Sold (Public Record)

Public Record #1504264862

$395,000

+19.0% / yr

Jan 9, 2023

Sold

Rhode Island Association of REALTORS® #1325430

$395,000
Dec 13, 2022

Contract Signed

Rhode Island Association of REALTORS® #1325430

DateEvent & SourcePrice
01/11/2023

Sold (Public Record)

Public Record #1504264862

$395,000

+19.0% / yr

01/09/2023

Sold

Rhode Island Association of REALTORS® #1325430

$395,000
12/13/2022

Contract Signed

Rhode Island Association of REALTORS® #1325430

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

Public Records for 141 Welles Street

Taxable ValueLand$90,900Additions$492,100Total$583,000
Tax Record2025$6,547 ($546 / month)
Home Facts
Lot Size6,534 SqFtStyleMulti-Family Dwelling (2-4)ZoningR4CountyPROVIDENCEAPNWOON M:28F L:118 U:6

Schools near 141 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: 141 Welles Street, Woonsocket, RI 02895
$395,000
8
5,256
6,534
$204,000
3
1,975
6,534
$225,000
9
3,726
4,791
3
2,890
5,663
$290,000
7
6,837
7,841
$331,500
7
3,100
7,741

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 Broadway Real Estate Group

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.