0 River & Transit St Unit 1388734 Woonsocket, RI 02895
Downtown Woonsocket NeighborhoodEstimated payment $8,347/month
Highlights
- Golf Course Community
- Recreation Facilities
- Thermal Windows
- 0.3 Acre Lot
- 4 Car Detached Garage
- Bathtub with Shower
About This Home
AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1384927) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (MLS 1384862) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Detached 4 car garage! Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on another high-yield investment. Both Properties are ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Call today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,263
Year Built
- Built in 1900
Lot Details
- 0.3 Acre Lot
- Paved or Partially Paved Lot
Parking
- 4 Car Detached Garage
- No Garage
Home Design
- Combination Foundation
- Vinyl Siding
Interior Spaces
- Bathtub with Shower
- 11,948 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Utility Room
- Laundry Room
Flooring
- Laminate
- Ceramic Tile
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Tax Lot 148 & 9
- Assessor Parcel Number 0RIVER&TRANSITSTWOON
Community Details
Overview
- 2 Buildings
- 2 Units
- Blackstone Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Building Details
- Operating Expense $112,387
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | For Sale | $1,275,000 | -- | $107 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1388734
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