420 Rathbun Street Woonsocket

$566,100
8 4 3,145 sq ft

The Property

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.

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Listing Details

MLS Number

1416193

Features

  • Basement: Full, Interior Only, Unfinished
  • Balcony
  • Heating: Electric, Natural Gas, Baseboard, Forced Air, Space Heater
  • Heating Fuel: Electric, Natural Gas, Baseboard, Forced Air, Space Heater
  • Year Built: 1900

Market Trends for Single Family Homes
in Woonsocket

  • Overview
    Homes for Sale Today88-90.8% decrease in inventory
    New on Market *4925.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$250.08$1 increase in List Price/Sq.Ft.
    Avg. Sale Price *$424,713$56,039 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.57%0% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$256.09$55 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *607 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Keller Williams Realty
Email: tom@508forsale.com
Phone: 508-695-4545

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