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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.

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:21I L:196 U:28,645230

Tax Information

  • Tax Assessed Value $377,460
  • Tax Year 2025
  • Taxes$4,239

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces8

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms8
  • Full Bath4

Basic Information

  • List Price$566,100
  • MLS Number73541388
  • Modification Date06/24/2026
  • Property SubType5-9 Family

Location

  • Address420 Rathbun Street
  • Building Number420
  • CountyProvidence
  • StateRI
  • StreetRathbun Street
  • TownWoonsocket
  • Zip02895

Building

  • BasementFull, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 4
  • Rooms16
  • Stories4
  • Units4
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Interior

  • Flooring Tile
  • Interior Features Living Room, Kitchen

Exterior

  • Exterior Features Balcony
  • RoofShingle

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,145
  • Lot Size Units Acres
  • Square Feet3,145

Amenities

  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Other

  • Date Listed06/25/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Talib Hussain of Keller Williams Elite

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