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Active · 32 days on market
$929,000
409 415 Rathbun Street, Woonsocket, RI 02895
17 bd · 7 ba · built 1910
Listing courtesy of Keller Williams Realty, Talib Hussain
About this home
Exceptional investment opportunity! Rare offering featuring 2 buildings on 1 lot with a total of "5 RESIDENTIAL UNITS" in a convenient Woonsocket location. The Front Building is a SIDE-BY-SIDE DUPLEX, each offering 4 bedrooms, 1.5 baths, with one first-floor bedroom, three second-floor bedrooms, spacious layouts, in-unit laundry, unfinished basement storage, and bright living spaces. Both units are well maintained and currently rented at $2,000/month each, with future upside potential. The Rear Building is a fully renovated 3 FAMILY, currently vacant and ready for immediate occupancy or lease-up. Each unit features 3 bedrooms, 1 full bath, spacious living and dining areas, a functional kitchen, and abundant natural light. Estimated market rent is approximately $2,000/month per unit. With projected gross rental income of approximately $10,000/month once fully leased, this property offers outstanding cash flow potential for investors while also presenting an excellent owner-occupant opportunity. Additional highlights include ample off-street parking, spacious unit layouts, separate buildings for added privacy, and a desirable location close to shopping, restaurants, schools, parks, and major commuter routes. A rare chance to own a versatile, income-producing property with immediate upside potential.
Property facts
- Property type
- Multi Family
- Year built
- 1910
- Lot size (acres)
- 0.18
- Total rooms
- 27
- Garage spaces
- 0
- Total parking
- 5
- Annual taxes
- $7,074
- Tax year
- 2025
- County
- Providence
Features
- Heating
- Natural Gas, Baseboard
- Cooling
- None
- Basement
- Full, Interior Only, Unfinished
- Appliances
- Gas Water Heater
- Parking
- No Garage
- Construction
- Vinyl Siding
- Utilities
- Sewer Connected, Water Connected
Location
MLS# 1421531 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of Keller Williams Realty
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