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Overview

  • Updated On:
  • June 24, 2026
  • 4
  • Bathrooms
  • 16
  • Rooms
  • 8
  • Bedrooms

420 Rathbun Street, Woonsocket, Residential Income

$ 566,100
420 Rathbun Street, Woonsocket

Description

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.

Property Id: 1135643
Price: $ 566,100
Rooms: 16
Bedrooms: 8
Bathrooms: 4
Association Fee: 180
Association Fee Frequency: Monthly
Basement: Full, Interior Only, Unfinished
Bathrooms Full: 4
Building Area Total (sqft): 3145
Inclusions: Certain images have been digitally enhanced. This is a non-warrantable condo, so financing will need to be through a portfolio loan program. We can connect you with lenders.
Construction Materials: Dry Wall
Cooling: Wall Unit(s)
Parking Total: 8
Electric: Circuit Breakers
Flooring: Ceramic Tile, Laminate
Foundation Details: Stone
Heating: Electric, Natural Gas, Baseboard, Forced Air, Space Heater
MLS Listing #: 1416193
Living Area Source: Public Records
Living Area Units: Square Feet
MLS Status: Active
Number Of Units Total: 4
Parking Features: No Garage
Bathroom Features: Bath w Tub
Sewer: Connected, In Fee
State: RI
Street Name: Rathbun
Street Number: 420
StreetNumberNumeric: 420
Street Suffix: Street
Structure Type: Up/Down
Annual Taxes: 4239
Water Source: Connected, In Fee
Year Built: 1900

Address: 420 Rathbun Street
State/County:
Zip: 02895
Country: US

Other Features
Balcony
Has Cooling System
Has Heating System
Plumbing (Mixed)
Property Attached
Wall (Dry Wall)

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$ 3,350.51
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,642.88

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DISCLAIMER TEXT: 420 Rathbun Street | 1135643 : 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. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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