668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6â6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer. Recent capital improvements â including four new hot water tanks â help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units. With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay. Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P&L or financial information being shared. All reasonable offers will receive consideration.
| Location | |
|---|---|
| City/Town | Woonsocket |
| County | Providence |
| Community Features | Bus, Commuter Bus, Highway Access, Interstate, Private School, Recreational Facilities, Restaurants, Schools, Shopping |
| Interior | |
|---|---|
| Living Area | 7,808 sq. ft. |
| Rooms | 16 |
| Heating | Natural Gas, Baseboard, Gas on Gas |
| Cooling | None |
| Interior Features | Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Wall (Wood), Attic, Plumbing (Mixed), Insulation (Unknown) |
| Additional Information | |
|---|---|
| Tax Assessment | $493,200 |
| Zoning | R3 |
| Exterior | |
|---|---|
| Acreage | 0.29 |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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