Price Reduced 6.04%


Price History

$1,275,000
8/11/2025

$1,198,000
9/25/2025


0 River & Transit Street, Woonsocket, RI, 02895

0 River & Transit Street, Woonsocket, RI, 02895

6 rooms

12 beds

8 Full baths

1900

AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1393018) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (MLS 1393027) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Detached 4 car garage! Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on another high-yield investment. Both Properties are ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Call today!


Status:

Active

Type:

Multi-family

Laundry Remarks:

Common Area

Units:

4

Zoning:

MU1 & R3

Subdivision:

Blackstone

Garage:

4-car Detached, Garage

Heating:

Baseboard, Gas

Cooling:

None

Basement:

Exterior Entry, Full, Interior Entry, Unfinished

Parking:

14-car

Acreage:

0.3

Est. Taxes:

$15,263

Assessment

$742,600

Construction

Vinyl Siding

Utilities

Sewer Connected

Lot Description:

Paved

Amenities:

Golf, Highway Access, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Sidewalks

Days on Market:

113

MLS #:

1392331


Community Info

School Info

Walk Score

Mass Transit

Yelp


Copyright ©2025 State-Wide MLS, Inc. All rights reserved.
Listing courtesy of Bond Brokerage 401-954-0270