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.
- Basement:
- Full, Interior Entry, Unfinished
- Parking:
- Off Street, Paved, Paved Drive
- Appliances:
- Range, Refrigerator
- Construction:
- Frame
- Exterior Unit Features:
- Balcony
- Flooring:
- Tile
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- See Rear Right Side Right of Way in document section which allows 3 Hardwick Terrace Houses & 4 Dunboy St houses access to create driveways for additional parking., The 2 living room fireplaces are decorative
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Kitchen, Living Room
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 8
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $180
- Zoning:
- 0
- No Units:
- 4
- Orig Price:
- $566,100
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Woonsocket
- State:
- RI
- County:
- Providence
- Postal Code:
- 02895
- Longitude:
- W72° 29' 49.5''
- Latitude:
- N42° 0' 52.4''
Residential Income
420 Rathbun St, Woonsocket, Rhode Island
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $566,100
- Bedrooms :
- 8
- Rooms :
- 16
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 3,145 Sqft
- Year Built :
- 1900
- Listing ID :
- 73541388
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com