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414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
414 420 Rathbun St
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$949,000

414 420 Rathbun St

Description

Exceptional opportunity to acquire SEVEN income-producing condominium units across two professionally managed buildings. This package includes a total of 14 bedrooms, 7 bathrooms, and approximately 5,492 square feet of living area across seven separately deeded units. Currently generating $10,325 per month in rental income, the portfolio consists of a diverse mix of 1, 2, and 3-bedroom units, with six units occupied and one vacant 2-bedroom unit, providing immediate upside through lease-up at current market rents. Monthly HOA fees are $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, 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 SEVEN condominium uni

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Location

414 420 Rathbun St, Woonsocket, RI 02895

Status

For Sale
Talib Hussain, MBA

Talib Hussain, MBA

TITLE

Real Estate Consultant

Property Amenities

Area & Lot
MLS® ID 73541393
Year Built 1900
Type Commercial
Status For Sale
Exterior
Utilities Public Water, Public Sewer
Finance
Sales Price $949,000
Real Estate Tax $7,758 yearly
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 414 420 Rathbun St, Woonsocket, RI 02895. We are reviewing your request and will be in touch shortly!

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Work With Talib

Rooted in trust, expertise, and sincere dedication, Talib brings a lifelong appreciation of what “home” means to every client and every move.