About This Home
This 8-bedroom, 4-bathroom residential multi family at 420 Rathbun Street in Woonsocket, RI is listed for $566,100 ($180 per sqft). Built in 1900, the home offers 3,145 sqft of living space on a N/A lot.
Key Features
- Built in 1900
- 8 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$3,208/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
420 Rathbun Street
Woonsocket, RI 02895
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 420 Rathbun Street is listed at $566,100 ($180/sqft). The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $180/month.
Key features include: Built in 1900, 8 parking spaces. Interior Features: Wall (Dry Wall), Plumbing (Mixed). Exterior Features: Balcony.
This property is listed by Talib Hussain and can be reached at (508) 695-4545.
