420 Rathbun, Woonsocket, RI, 02895

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.

Residential Income
$566,100
Location
City/TownWoonsocket
CountyProvidence
Interior
Living Area3,145 sq. ft.
Rooms16
HeatingElectric, Natural Gas, Baseboard, Forced Air, Space Heater
CoolingWall Unit(s)
Interior FeaturesWall (Dry Wall), Plumbing (Mixed)
Additional Information
Tax Assessment$377,460
Exterior
Exterior FeaturesBalcony
Listed By: Keller Williams Realty

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