About This Home

This 0-bedroom, 0-bathroom commercial at 414 Rathbun Street in Woonsocket, RI is listed for $699,000 ($127 per sqft). Built in 1900, the home offers 5,492 sqft of living space on a N/A lot.

Key Features

  • Built in 1900
  • 10 parking spaces

Property Details

10 spaces
1900

Amenities

A/C
Listing Description

Exceptional opportunity to acquire FIVE income-producing condominium units across TWO professionally managed buildings. This package includes a total of 11 bedrooms, 5 bathrooms, and FIVE separately deeded units. Currently generating $7,525 per month in rental income, the portfolio consists of 2 bedroom units, with all five units occupied, providing immediate upside through lease-up at current market rents.

Monthly HOA fees are $220 per unit and include water, sewer, trash collection, master insurance, snow removal and landscaping, 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 FIVE CONDOMINIUM units are located in two adjacent buildings on Rathbun Street. Two units are situated at 414 Rathbun Street, and three units are situated at 420 Rathbun Street. **Please note: Certain images have been virtually and digitally enhanced.**

Monthly Cost Estimate

$3,958/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204
HOA$220

Estimates only. Actual payments may vary.

Location

414 Rathbun Street

Woonsocket, RI 02895

Property Details

Construction

Frame

Heating

Space HeaterBaseboard

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 414 Rathbun Street is listed at $699,000 ($127/sqft). The estimated monthly payment is $3,959 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $220/month.

Key features include: Built in 1900, 10 parking spaces.

This property is listed by Talib Hussain.

TH

Talib Hussain

Agent at Keller Williams No Attleboro

Listed by Keller Williams No Attleboro · Broker phone: (508) 695-4545 · Broker website

MLS# 1424722· Source: State Wide MLS of Rhode Island, Inc.· 28 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

414 Rathbun Street, Woonsocket, RI 02895

Open this listing in: