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$ 979,000
Est. payment /mo
New
411 Rathbun ST Woonsocket, RI 02895
6,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $163
MLS Listing ID 1418850
HOA Y/N No
Abv Grd Liv Area 6,000
Year Built 1910
Annual Tax Amount $7,074
Tax Year 2025
Lot Size 7,841 Sqft
Property Sub-Type Commercial
Property Description
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.
Location
State RI
County Providence
Zoning R4
Rooms
Basement Full
Interior
Heating Baseboard
Exterior
Community Features Highway Access, Near Schools, Shopping
Utilities Available Natural Gas Available, Sewer Connected
Total Parking Spaces 5
Building
Foundation Concrete Perimeter, Stone
Sewer Connected
Water Connected
Structure Type Frame
New Construction No
Others
Tax ID 411RATHBUNSTWOON
Virtual Tour https://tour.RiLiving.com/411-Rathbun-Street-Woonsocket-RI-02895
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Listed by Keller Williams Realty