Back on market due to garage being unsafe - seller to demo garage. Discover this large income-generating four-family home perfectly situated near all local conveniences. The property features two well-appointed one-bedroom units on the first floor, and two expansive three-bedroom units with classic double parlors on the second and third floors—offering spacious living and strong rental appeal. Three of the four units have been thoughtfully updated, and each includes its own in-unit laundry for tenant convenience. Recent improvements include a new roof and newer heating systems, ensuring peace of mind for years to come. Plus, there may be opportunities to expand into the attic for even more value. With excellent tenants already in place and room to increase rents, this is the perfect opportunity to grow your portfolio with a true cash-flowing asset. Don’t miss your chance to own this impressive money maker—schedule your private showing today! Being sold as-is.
Sold for $625,000
$625,000
494 Grove St, Woonsocket, RI 02895
8beds
4,434sqft
Multi Family
Built in 1900
-- sqft lot
$649,600 Zestimate®
$141/sqft
$2,085 Estimated rent
Home value
$649,600
$578,000 - $734,000
$2,085/mo
Zestimate® history
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List your homeWhat's special
Detached two-car garageIn-unit laundryNew roofSpacious livingClassic double parlorsTwo well-appointed one-bedroom unitsTwo expansive three-bedroom units
Zillow last checked:
Listing updated:
Listed by:
Wayne Hannon 401-578-6960,
LPT Realty
Bought with:
Elizete Silva, RES.0034797
eXp Realty
Source: StateWide MLS RI,MLS#: 1388292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Baseboard, Other
Cooling
- None
Appliances
- Included: Electric Water Heater, Oven/Range, Refrigerator
- Laundry: In Unit
Features
- Wall (Paneled), Wall (Plaster), Plumbing (Mixed)
- Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,434
- Total interior livable area: 4,434 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 6,534 Square Feet
Details
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Paneled, Plaster, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Restaurants, Schools, Near Shopping
HOA
- Has HOA: No
Location
- Region: Woonsocket
Financial & listing details
- Price per square foot: $141/sqft
- Annual tax amount: $7,351
- Date on market: 6/23/2025
- Total actual rent: 5225
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Sold | $625,000+4.2%$141/sqft |
Source:  StateWide MLS RI #1388292 Report a problem | ||
| 7/14/2025 | Pending sale | $599,999$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
| 7/13/2025 | Listed for sale | $599,999$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
| 7/1/2025 | Pending sale | $599,999$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
| 6/23/2025 | Listed for sale | $599,999+81.9%$135/sqft |
Source: StateWide MLS RI #1388292 Report a problem | ||
| 7/15/2019 | Listing removed | $329,900$74/sqft |
Source: Hannon Realty Group #1227128 Report a problem | ||
| 6/18/2019 | Price change | $329,900-5.5%$74/sqft |
Source: Hannon Realty Group #1227128 Report a problem | ||
| 6/2/2019 | Listed for sale | $349,000+83.7%$79/sqft |
Source: Hannon Realty Group #1227128 Report a problem | ||
| 1/21/2015 | Sold | $190,000-5%$43/sqft |
Source: Agent Provided Report a problem | ||
| 11/8/2014 | Price change | $199,900-4.7%$45/sqft |
Source: Badger Realty #1067390 Report a problem | ||
| 7/21/2014 | Price change | $209,700-8.7%$47/sqft |
Source: Badger Realty #1067390 Report a problem | ||
| 5/11/2014 | Listed for sale | $229,700+4.5%$52/sqft |
Source: Badger Realty #1067390 Report a problem | ||
| 1/2/2012 | Listing removed | $219,900$50/sqft |
Source: Keller Williams - Franklin-Milford #999073 Report a problem | ||
| 11/7/2011 | Listed for sale | $219,900$50/sqft |
Source: Keller Williams - Franklin-Milford #999073 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Bernon District
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Nearby schools
GreatSchools rating
- 4/10Bernon Heights SchoolGrades: K-5Distance: 0.4 mi
- 3/10Woonsocket Middle at HamletGrades: 6-8Distance: 0.7 mi
- NAWoonsocket Career An Tech CenterGrades: 9-12Distance: 1.3 mi
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Estimated market value
$649,600
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Estimated market value
$649,600
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