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$2,795,000
Est. payment /mo
17,246 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 17,246 sqft
Price per Sqft $162
MLS Listing ID 1413389
HOA Y/N No
Abv Grd Liv Area 17,246
Year Built 1900
Annual Tax Amount $38,736
Tax Year 2025
Lot Size 0.700 Acres
Property Sub-Type Commercial
Property Description
Stabilized cash flow, built-in upside, and the kind of scale serious investors move on fast. Four buildings, 23 units, and a 50-car parking lot delivering $31,000/month ($372,000 annualized) with stable income from day one. With an achievable rent roll of $34,225/month, there's over $38,000 in annual upside already baked in value-add potential without the heavy lift. The unit count supports real economies of scale, the parking differentiates the asset, and Woonsocket's proximity to Providence keeps rental demand consistent. This is the kind of stabilized, cash-flowing portfolio with clear growth runway that doesn't stay available long.
Location
State RI
County Providence
Zoning R4
Exterior
Utilities Available Sewer Connected
Street Surface Asphalt
Total Parking Spaces 50
Building
Story 3
Sewer Connected
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 157181RATHBUNSTWOON
Virtual Tour https://tour.RiLiving.com/157-Rathbun-Street-Woonsocket-RI-02895
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Listed by HERE Realty
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