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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.

More Info

Basic Information

  • Gross Income $124,800
  • Mls StatusNew

Tax Information

  • Tax Assessed Value $629,900
  • Tax Year 2025
  • Taxes$7,074

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces5

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 6
  • Bedrooms17
  • Full Bath5
  • Half Baths2

Basic Information

  • List Price$979,000
  • MLS Number73555723
  • Modification Date07/29/2026
  • Property SubType4 Family

Location

  • Address409-415 Rathbun
  • Building Number409-415
  • CountyProvidence
  • StateRI
  • StreetRathbun
  • TownWoonsocket
  • Zip02895

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Stone
  • Levels 8
  • Rooms27
  • Stories8
  • Units4
  • Utilities For Gas Range
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.18

Interior

  • Flooring Tile, Vinyl, Hardwood

Exterior

  • RoofShingle

Utilities

  • Electric 110 Volts
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 6,000
  • Lot Size Square Feet 7,841
  • Lot Size Units Acres
  • Square Feet6,000

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Public School
    • Public Transportation
    • Shopping
  • Other AmenitiesBasement

Other

  • Date Listed07/28/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Talib Hussain of Keller Williams Elite

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