414 Rathbun Street, Woonsocket, Rhode Island 02895
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$949,000 USD

Commercial for Sale, 414 Rathbun Street, Woonsocket, Rhode Island 02895

  • MLS#
    1416208
  • Minimum sellable space
    510 m² (5,492 ft²)

Listed By Keller Williams Realty

The Commercial Property for Sale located at 414 Rathbun Street, Woonsocket, Rhode Island 02895 is currently for sale. 414 Rathbun Street, Woonsocket, Rhode Island 02895 is listed for $949,000.

Date Updated : Jun 25, 2026

Property features

Property

  • Property size: 510 m² (5,492 ft²)
  • Features: Basement

Lot/Land

  • Lot description: Paved Road
  • Local zoning: Rural Residence

Construction

  • Year built: 1900
  • Construction: Frame
  • Basement and foundation: Full Basement

Security

  • Features: Fire AlarmSmoke Detector

Heating and Cooling

  • Heating system: BaseboardSpace Heater
  • Cooling system: Wall Unit

Utilities

  • Other utilities: Gas

Description

Exceptional opportunity to acquire SEVEN income-producing condominium units across two professionally managed buildings. This package includes a total of 14 bedrooms, 7 bathrooms, and approximately 5,492 square feet of living area across seven separately deeded units. Currently generating $10,325 per month in rental income, the portfolio consists of a diverse mix of 1, 2, and 3-bedroom units, with six units occupied and one vacant 2-bedroom unit, providing immediate upside through lease-up at current market rents. Monthly HOA fees are $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, helping reduce ownership responsibilities and operating expenses. This unique portfolio offers immediate cash flow, strong rental demand, and future appreciation potential, making it an attractive opportunity for investors seeking scale through a single acquisition. Rarely does a package of this size become available in the Woonsocket market. The SEVEN condominium units are located in two adjacent buildings on Rathbun Street. Three units are situated at 414 Rathbun Street, and four units are situated at 420 Rathbun Street.

Location

414 Rathbun Street, Woonsocket, Rhode Island 02895

414 Rathbun Street, Woonsocket, Rhode Island 02895