
$566,100 USD
Multi Family Home for Sale, 420 Rathbun Street, Woonsocket, Rhode Island 02895
- MLS#1416193
- Bedrooms8
- Bathrooms4
- Home/Lot size
292 m² (3,145 ft²)
Listed By Keller Williams Realty
The Multi Family Home for Sale located at 420 Rathbun Street, Woonsocket, Rhode Island 02895 is currently for sale. 420 Rathbun Street, Woonsocket, Rhode Island 02895 is listed for $566,100. This property has 8 bedrooms, 4 bathrooms.
Property features
Property
- Property size:
292 m² (3,145 ft²) - Features: BalconyBasement
Construction
- Year built: 1900
- Basement and foundation: UnfinishedFull Basement
Bedrooms
- Bedrooms: 8
Bathrooms
- Total bathrooms: 4
- Full bathrooms: 4
Interior Features
- Walls: Drywall Walls
- Floors: LaminateCeramic Tile
Exterior Features
- Outdoor spaces: Balcony
- Carport spaces:
Heating and Cooling
- Heating system: BaseboardNatural GasElectricSpace HeaterForced Air
- Cooling system: Wall Unit
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
420 Rathbun Street, Woonsocket, Rhode Island 02895