Active
9 beds2,911 sqft
56 Summit St, Woonsocket, RI 02895
Est: $2,736/moGet pre-approved
Multi FamilyProperty Type
0.16 acresLot Size
1900Year Built
$137/sq ftPrice per sq ft
7 carsParking Spaces

Description

Four units. Two buildings. One property. Plenty of room to create value. A versatile mix of one 3-bedroom residence and three 2-bedroom residences. The front building has identical 2br units with some recent updates. The second fl unit is occupied with a longer-term tenant paying a good rent. The first floor unit just vacated end of Sept offering an opportunity for Buyer occupying, new updates or an immediate re-let at market rent. The rear building is vacant and may need some rehab depending on...Four units. Two buildings. One property. Plenty of room to create value. A versatile mix of one 3-bedroom residence and three 2-bedroom residences. The front building has identical 2br units with some recent updates. The second fl unit is occupied with a longer-term tenant paying a good rent. The first floor unit just vacated end of Sept offering an opportunity for Buyer occupying, new updates or an immediate re-let at market rent. The rear building is vacant and may need some rehab depending on buyer's intentions for the property. Vinyl windows, some newer on demand hot water units, duct work recently added for a future forced air AC system in the front house, connected water and sewer, individual 100-amp electrical service noted for each unit, basement storage, newer washer dryer, multiple deck areas, and an attached one-car garage add to the package. For an owner occupied investor strategy, earning some income on the front building while renovating the rear, or any other sort of investment plan, looking beyond turnkey inventory and toward the potential of strategic improvements, 56 Summit offers four doors and multiple paths forward.
Days on Market Listed Today
  • Listed by: Spectrum Real Estate Consultants Team Brokerage DRE #REB.0014022 • Keller Williams Leading Edge Showings@Spectrumrec.com
Last updated: 09/30/2026 01:15 PM • Source: Rhode Island Association of REALTORS®, MLS#: 1424767

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Location

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$2,736 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,135

Property Taxes

$602

HOA Dues

$0

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Property Information for 56 Summit Street

Property Details
  • Taxes: $7,219 / year
  • MLS Type: Residential Income / 4 Family - 4 Units Up/Down
  • Architectural Style: Stacked
Building Information
  • Stories: 3
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 0.16 AC / 6,970 SF
Summary
Location and General Information
  • City: Woonsocket
  • Country: US
  • Directions: USE GPS
  • Postal City: Woonsocket
  • Postal Code: 02895
  • Postal Code Plus4: 8648
  • Road Frontage Type: Public
  • State Or Province: RI
  • Zoning: RES
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Open Parking Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 7
Taxes and HOA Information
  • Tax Annual Amount: $7,219.00
  • Tax Assessed Value: 642800
  • Tax Book Number: 20
  • Tax Lot: 102
  • Tax Map Number: 20
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 2911.0
  • Building Area Total: 2911.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area Source: Public Records
  • Lot Size Acres: 0.16
  • Lot Size Area: 6970.0
  • Lot Size Square Feet: 6970.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 56SUMMITSTWOON
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Senior Community Y N: No
  • Year Built: 1900
  • Year Built Details: Actual
  • Year Built Source: Public Records
  • C L I P: 4,061,206,775
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Stone
  • Roof: Shingle
Interior Features
  • Appliances: Tankless Water Heater
  • Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 9
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Y N: No
  • Flooring: Laminate, Vinyl
  • Heating: Gas, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Stall Shower
  • Levels: 4
  • Rooms Total: 18
  • Spa Y N: No
Multi Family
Income & Expenses Information
  • Gross Income: $31,800.00
  • Net Operating Income: $31,800.00
Unit 1 Information
  • Type: Three Bedroom
  • Occupant Type: Vacant
  • Unit Type Area: 1075.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
Unit 2 Information
  • Type: Two Bedroom
  • Occupant Type: Vacant
  • Unit Type Area: 896.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Unit 3 Information
  • Actual Rent: $1,300.00
  • Type: Two Bedroom
  • Unit Type Area: 560.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Unit 4 Information
  • Actual Rent: $1,350.00
  • Type: Two Bedroom
  • Unit Type Area: 660.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Rental
Rental Information
  • Land Lease Y N: No
  • Total Actual Rent: $2,650.00

Property History for 56 Summit Street

DateEvent & SourcePriceAppreciation
Sep 30, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1424767

$399,900—
Sep 30, 2026

Listed (Active)

MLS PIN #73584523

$399,900—
Dec 30, 2009

Sold (Public Record)

Public Record #282180753

$75,000

-29.5% / yr

DateEvent & SourcePrice
09/30/2026

Listed (Active)

Rhode Island Association of REALTORS® #1424767

$399,900
09/30/2026

Listed (Active)

MLS PIN #73584523

$399,900
12/30/2009

Sold (Public Record)

Public Record #282180753

$75,000

-29.5% / yr

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

Public Records for 56 Summit Street

Taxable ValueLand$106,600Additions$536,200Total$642,800
Tax Record2025$7,219 ($602 / month)
Home Facts
Beds0Lot Size6,970 SqFtStyleSingle Family ResidenceZoningR3CountyPROVIDENCEAPNWOON M:10I L:102 U:20

Schools near 56 Summit Street

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Globe Park School
PublicPK to 5

Woonsocket Middle @ Villa Nova
Public6 to 8

Woonsocket High School
Public9 to 12

Kevin K. Coleman School
PublicK to 5

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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56 Summit Street is a multi-family home for sale in Woonsocket, RI 02895. This listing's school district is Woonsocket School District. Nearby schools include Globe Park School, Woonsocket Middle @ Villa Nova and Woonsocket High School. 56 Summit Street is a 9-bed, 4-bath, 2,911 sqft multi-family home built in 1900.

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 Keller Williams Leading Edge

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.