409 Rathbun ST, Woonsocket, RI 02895
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409 Rathbun ST, Woonsocket, RI 02895
409 Rathbun ST, Woonsocket, RI 02895
409 Rathbun ST, Woonsocket, RI 02895
409 Rathbun ST, Woonsocket, RI 02895
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$ 979,000
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409 Rathbun ST Woonsocket, RI 02895

17 Beds

7 Baths

5,938 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,938 sqft

Price per Sqft $164

MLS Listing ID 1418777

Style Stacked,Side By Side

Bedrooms 17

Full Baths 5

Half Baths 2

HOA Y/N No

Abv Grd Liv Area 5,938

Year Built 1910

Annual Tax Amount $7,074

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Multi Family

Property 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 $2,200/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.

Location

State RI

County Providence

Zoning R4

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Heating Baseboard, Gas

Cooling None, Wall Unit(s)

Flooring Ceramic Tile, Hardwood, Laminate

Inclusions Certain images have been digitally enhanced.

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected

Total Parking Spaces 5

Garage No

Building

Sewer Connected

Water Connected

Architectural Style Stacked, Side By Side

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 409415RATHBUNSTWOON

Virtual Tour https://tour.RiLiving.com/409-Rathbun-Street-Woonsocket-RI-02895


Listed by Keller Williams Realty
Jason Monterecy

Jason Monterecy

Agent

+1(401) 480-9926

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409 Rathbun ST