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$ 566,100
Est. payment /mo
New
420 Rathbun St Woonsocket, RI 02895
8 Beds
4 Baths
3,145 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,145 sqft
Price per Sqft $180
MLS Listing ID 73541388
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $4,239
Tax Year 2025
Property Sub-Type 5-9 Family
Property Description
Rare opportunity to acquire FOUR income-producing condominium units within a professionally managed 6-unit building. This package includes a total of 8 bedrooms, 4 bathrooms, and approximately 3,145 square feet across four separately deeded units. Currently generating $5,900 per month in rental income, the portfolio offers a diverse unit mix consisting of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit. The property provides immediate cash flow with long-term appreciation and rental growth potential. Monthly HOA fees are $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, helping reduce ownership responsibilities and maintenance expenses. A unique investment opportunity for buyers seeking multiple income producing units in one transaction with stable cash flow and strong rental demand in the Woonsocket market.
Location
State RI
County Providence
Direction Use GPS
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Living Room, Kitchen
Flooring Tile
Appliance Range, Refrigerator
Exterior
Exterior Feature Balcony
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Keller Williams Elite
Nearby Locations