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 $2,200/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 $10,500/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.
- Basement:
- Full
- Parking:
- Off Street, Paved Drive
- Construction:
- Frame
- Flooring:
- Tile, Vinyl, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- 110 Volts
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 1
- Parking Spaces:
- 5
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $163
- Zoning:
- R4
- No Units:
- 4
- Orig Price:
- $979,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Woonsocket
- State:
- RI
- County:
- Providence
- Postal Code:
- 02895
- Longitude:
- W72° 29' 51.3''
- Latitude:
- N42° 0' 52.2''
Residential Income
409-415 Rathbun, Woonsocket, Rhode Island
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $979,000
- Bedrooms :
- 17
- Rooms :
- 27
- Total Bathrooms :
- 6
- Full Bathrooms :
- 5
- Half Bathrooms :
- 2
- Square Footage :
- 6,000 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.18 Acre
- Listing ID :
- 73555723
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com