About This Home
This 0-bedroom, 0-bathroom single family at 414 420 Rathbun St in Woonsocket, RI is listed for $949,000. Built in 1900, on a N/A lot.
Key Features
- Built in 1900
Property Details
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 uni
Monthly Cost Estimate
$5,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
414 420 Rathbun St
Woonsocket, RI 02895
Questions & Answers
This 0-bedroom, 0-bathroom single family at 414 420 Rathbun St is listed at $949,000. The estimated monthly payment is $5,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900.
This property is listed by . ..
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Agent at Keller Williams Elite