243 Transit Street 251, Woonsocket, RI 02895

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Sold Price
$600,000
List Price
$599,000
Status
CLOSED
MLS#
1393027
Closing Date
Jan 27, 2026
Year Built
1922
Style
Stacked, Side By Side
Bedrooms
8
Bathrooms
4
Acres
0.19
Subdivision
Blackstone

Property Description

Seize this excellent investment opportunity in the heart of Woonsocket, RI! This freshly painted, well-maintained, fire coded, multi-family property generates a strong annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Property also offers tenants ample off street parking with a detached 4 car garage! Ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on this high-yield investment schedule your showing today! Can also be sold as a package MLS # 1392331

Additional Information

Taxes
$8,578
Lot Size
8,276
Interior Features
Stall Shower, Tub Shower
Flooring
Laminate, Other
Heating
Oil, Steam, Space Heater
Cooling System Type
None
Sewer
Connected, Public Sewer
Water Source
Connected, Public
Appliances
Gas Water Heater, Water Heater
Basement
Full, Interior Entry, Unfinished
Exterior Features
Balcony, Deck
Garage Spaces
4
Parking Spaces
8

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Listing courtesy of Bond Brokerage. Contact:

Selling Office: BHHS Commonwealth Real Estate.

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. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated: