About 420 Rathbun St
Rare opportunity to acquire FOUR income-producing condominium units within a professionally managed 6-UNIT ASSOCIATION 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.
Features of 420 Rathbun St
| MLS® # | 73541388 |
|---|---|
| Price | $566,100 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,145 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 420 Rathbun St |
|---|---|
| City | Woonsocket |
| County | Providence |
| State | RI |
| Zip Code | 02895-1205 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Paved Drive, Off Street, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Living Room, Kitchen |
|---|---|
| Appliances | Range, Refrigerator |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Shingle |
| Construction | Frame |
| Foundation | Stone |
Listing Details
| Agent | Talib Hussain |
|---|---|
| Office | Keller Williams Elite |