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Exceptional opportunity to acquire SIX income-producing condominium units across TWO professionally managed buildings. This package includes a total of 13 bedrooms, 6 bathrooms, and approximately 4,862 square feet of living area across SIX separately deeded units. Currently generating $9,025 per month in rental income, the portfolio consists of a diverse mix of 2, and 3-bedroom units, with five units occupied and one vacant 2-bedroom unit, providing immediate upside through lease-up at current market rents. Monthly HOA fees are $220 per unit and include water, sewer, trash collection, master insurance, snow removal and landscaping, helping reduce ownership responsibilities and operating expenses. This unique portfolio offers immediate cash flow, strong rental demand, and future appreciation potential, making it an attractive opportunity for investors seeking scale through a single acquisition. Rarely does a package of this size become available in the Woonsocket market. The SIX CONDOMINIUM units are located in two adjacent buildings on Rathbun Street. Three units are situated at 414 Rathbun Street, and three units are situated at 420 Rathbun Street.

More Info

Basic Information

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

Tax Information

  • Tax Year 2025
  • Taxes$7,758

Basic Information

  • List Price$840,154
  • MLS Number73584905
  • Modification Date09/30/2026

Location

  • Address414 420 Rathbun Street
  • Building Number414 420
  • CountyProvidence
  • StateRI
  • StreetRathbun Street
  • TownWoonsocket
  • Zip02895

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1900

Property Information

  • Lot Size Units Acres

Other

  • Date Listed09/30/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Talib Hussain of Keller Williams Elite

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