415 Rathbun Street, Woonsocket, RI 02895
415 Rathbun Street, Woonsocket, RI 02895
415 Rathbun Street, Woonsocket, RI 02895
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$929,000
Est. payment /mo
7,840 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73570516

HOA Y/N false

Year Built 1910

Annual Tax Amount $7,074

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Description

Exceptional investment opportunity! Rare offering featuring 2 buildings on 1 lot with a total of "5 RESIDENTIAL UNITS" in a convenient Woonsocket location. The Front Building is a SIDE-BY-SIDE DUPLEX, each offering 4 bedrooms, 1.5 baths, with one first-floor bedroom, three second-floor bedrooms, spacious layouts, in-unit laundry, unfinished basement storage, and bright living spaces. Both units are well maintained and currently rented at $2,000/month each, with future upside potential. The Rear Building is a fully renovated 3 FAMILY, currently vacant and ready for immediate occupancy or lease-up. Each unit features 3 bedrooms, 1 full bath, spacious living and dining areas, a functional kitchen, and abundant natural light. Estimated market rent is approximately $2,000/month per unit. With projected gross rental income of approximately $10,000/month once fully leased, this property offers outstanding cash flow potential for investors while also presenting an excellent owner-occupant opportunity. Additional highlights include ample off-street parking, spacious unit layouts, separate buildings for added privacy, and a desirable location close to shopping, restaurants, schools, parks, and major commuter routes. A rare chance to own a versatile, income-producing property with immediate upside potential.

Location

State RI

County Providence

Zoning R4

Direction Use GPS

Others

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Listed by Keller Williams Elite

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Anastasia Kaufman

Anastasia Kaufman

+1(401) 338-2749

Agent s30447

Agent s30447

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