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+15087982020
Quinsigamond Realty
420 Rathbun Street, Woonsocket, RI 02895
- $452,700
- 7
- BD
- 3
- BA
- List Price
- $452,700
- Status
- ACTIVE
- MLS#
- 1424795
- Year Built
- 1900
- Style
- Stacked
- Bedrooms
- 7
- Bathrooms
- 3
Property Description
Rare opportunity to acquire THREE income-producing condominium units within a professionally managed 5-unit building. This package includes a total of 7 bedrooms, 4 bathrooms, and three separately deeded units. Currently generating $4,600 per month in rental income, the portfolio offers a diverse unit mix consisting of 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 $220 per unit and include water, sewer, trash collection, master insurance, snow removal and landscaping, 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.
Additional Information
- Taxes
- $4,239
- Hoa Fee
- $220
- Interior Features
- Bathtub, Tub Shower
- Flooring
- Ceramic Tile, Laminate
- Heating
- Baseboard, Electric, Forced Air, Gas
- Cooling System Type
- Wall Unit(s)
- Sewer
- Connected
- Water Source
- Connected, Water Tap Fee
- Appliances
- Water Heater
- Basement
- Full, Interior Entry, Unfinished
- Exterior Features
- Balcony
- Parking Spaces
- 6
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Listing courtesy of Keller Williams Realty. Contact:
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