$1,198,000
$77K PRICE DROP

0 River & Transit St Unit 73430058 Woonsocket, RI 02895

Downtown Woonsocket Neighborhood

Estimated payment $7,555/month

Total Views 14,710
12 Beds
8 Baths
5,716 Sq Ft
$210 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Balcony
  • 0.3 Acre Lot
  • Corner Lot
  • Porch

About This Home

Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) 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 (RI MLS 1393027) 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%. Laundry in building! 4 car garage! Sold as package or individually!

Listing Agent

Don Martone

BOND BROKERAGE Listed on: 09/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,263

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Gentle Sloping Lot

Parking

  • 4 Car Garage
  • Common or Shared Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,716 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 8 Heating Zones
  • 150 Amp Service

Listing and Financial Details

  • Tax Lot 148&9

Community Details

Overview

  • 8 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Operating Expense $112,387
  • Net Operating Income $140,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,263

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Levels: 2
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Above Grade Finished Sq Ft: 5716
  • Living Area: 5716
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN8561

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame, See Remarks
  • Foundation Details: Concrete Perimeter, Stone, Brick/Mortar, Other
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Electric: 150 Amp Service
  • Water Source: Public
  • HEAT UNITS: 8
  • HEAT ZONES: 8
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other
  • Senior Community YN: No

Lot Info

  • Zoning: MU1 & R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Easements, Gentle Sloping
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15263
  • Tax Lot: 148&9

Multi Family

  • Net Operating Income: 140640
  • Number Of Units Total: 8
  • Operating Expense: 112387
  • Total Actual Rent: 11720
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Price Changed $1,198,000 -6.0% $210 / Sq Ft
09/12/2025 09/12/25 For Sale $1,275,000 -- $223 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73430058

MLS Property Information Network (MLS PIN)
Rhode Island Providence County Woonsocket 02895 Downtown Woonsocket

0 River & Transit St Unit 73430058, Woonsocket, RI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Don Martone
Listing Agent
Don Martone
Section Image
BOND BROKERAGE
(401) 307-4381