409 Rathbun Street

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$979,000

409 Rathbun Street

17 Beds 7 Baths 5,938 Sq.Ft. 7,841 Sq.Ft.

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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 $2,000/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 $10,000/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.

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Location

409 Rathbun Street, Woonsocket, RI 02895

Status

For Sale

Talib Hussain, MBA

TITLE

Real Estate Consultant

PHONE

(774) 266-1068

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Interior

Appliances Gas Water Heater

Flooring Ceramic Tile, Hardwood, Laminate

Total Bedrooms: 17

Half Bathrooms: 2

Full Bathrooms: 5

Area & Lot

Total area 5,938 Sq.Ft.

Lot Area 7,841 Sq.Ft.

Living area 5,938 Sq.Ft.

MLS® ID 1421531

Year Built 1910

Architecture Styles Stacked, Side By Side

Type Multi-Family

Status For Sale

Exterior

Air conditioning None

Heat type Baseboard, Gas

Water Source Connected

Sewer Connected

Parking No Garage

Utilities Sewer Connected

Finance

Sales Price $979,000

Real Estate Tax $7,074 yearly

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$979,000

409 Rathbun Street

Description

Share Property

Location

Status

Talib Hussain, MBA

Property Amenities

Interior

Area & Lot

Exterior

Finance

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Featured Properties

$979,000

$979,000

$979,000

$1,299,900

$949,000

$566,100

$422,460

$164,000

$599,900

$649,900

$549,900

$729,900

Work With Talib

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$979,000

409 Rathbun Street

Description

Share Property

Location

Status

Talib Hussain, MBA

Property Amenities

Interior

Area & Lot

Exterior

Finance

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Featured Properties

$979,000

$979,000

$979,000

$1,299,900

$949,000

$566,100

$422,460

$164,000

$599,900

$649,900

$549,900

$729,900

Work With Talib

Get in Touch

Contact Details