New Listing - 06/24/2026
420 Rathbun St, Woonsocket, RI, 02895
16 rooms
8 beds
4 Full baths
1900
3,145 sqft
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.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
0
Basement:
Full, Interior Entry, Unfinished
Levels:
4
Parking:
8-car, Paved Drive, Off Street, Paved
Est. Taxes:
$4,239
Assessment
$377,460
Construction
Frame
Appliances:
Range, Refrigerator
MLS #:
1416193
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Listing courtesy of Keller Williams Elite 508-695-4545