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508-762-7848
Emiel Barbosa - Real Estate Agent - Greater Boston Brockton Stoughton South Shore & South Coast - Vicente Realty
420 Rathbun St, Woonsocket, RI 02895
- $452,700
- 7
- BD
- 4
- BA
- 2,515
- SqFt
- List Price
- $452,700
- Status
- NEW
- MLS#
- 73584907
- Bedrooms
- 7
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,515
- Year Built
- 1900
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.
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Additional Information
- Taxes
- $4,239
- Interior Features
- Living Room, Kitchen
- Parking Description
- Paved Drive, Off Street, Paved
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Talib Hussain from Listing Office: Keller Williams Elite.
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