$629,000

243 Transit St Woonsocket, RI 02895

Globe District Neighborhood

Estimated payment $4,066/month

Total Views 16,294
8 Beds
4 Baths
6,740 Sq Ft
$93 Price per Sq Ft

Highlights

  • Golf Course Community
  • Corner Lot
  • Balcony
  • Deck
  • Recreation Facilities
  • 4 Car Detached Garage

About This Home

Seize this excellent investment opportunity in the heart of Woonsocket, RI! This freshly painted, well-maintained, fire coded, multi-family property generates a strong annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Property also offers tenants ample off street parking with a detached 4 car garage! 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. 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 this high-yield investment schedule your showing today! Can also be sold as a package MLS # 1392331

Listing Agent

Don Martone

Bond Brokerage License #REB.0018968 Listed on: 08/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,578

Year Built

  • Built in 1922

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Plaster

Interior Spaces

  • 6,740 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Balcony
  • Deck
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 243251TRANSITSTWOON

Community Details

Overview

  • 4 Units
  • Blackstone Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Building Details

  • Operating Expense $53,190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,578

Year Built

Built in 1922

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.19
  • Subdivision Name: Blackstone
  • Above Grade Finished Sq Ft: 6740.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1922
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Other
  • Interior Amenities: Stall Shower, Tub Shower
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Other
  • Exterior Features: Balcony, Deck
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam, Space Heater
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 243251TRANSITSTWOON
  • Zoning: R3

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 53190.0

Tax Info

  • Tax Annual Amount: 8578.0
  • Tax Lot: 9
  • Tax Map Number: 16
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $629,000 0.0% $93 / Sq Ft
08/27/2025 08/27/25 Pending -- -- --
08/19/2025 08/19/25 For Sale $629,000 +224.2% $93 / Sq Ft
06/29/2018 06/29/18 Sold $194,000 -13.7% $29 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $224,900 -- $33 / Sq Ft
Source: State-Wide MLS

Source: State-Wide MLS

MLS Number: 1393027

State-Wide MLS
Rhode Island Providence County Woonsocket 02895 Globe District

243 Transit St, Woonsocket, RI

This home is located at 243 Transit St, Woonsocket, RI 02895 and is currently priced at $629,000, approximately $93 per square foot. This property was built in 1922. 243 Transit St is a home located in Providence County with nearby schools including Woonsocket High School, Founders Academy, and Beacon Charter School.

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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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