
372 River St Woonsocket, RI 02895
Downtown Woonsocket NeighborhoodEstimated payment $3,984/month
Highlights
- Golf Course Community
- Thermal Windows
- Shops
- Recreation Facilities
- Public Transportation
- Property near a hospital
About This Home
Seize this 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. 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,685
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Combination Foundation
- Vinyl Siding
Interior Spaces
- 5,208 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Utility Room
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 10 Parking Spaces
- No Garage
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Tax Lot 148
- Assessor Parcel Number 372376RIVERSTWOON
Community Details
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Additional Features
- 4 Units
- Operating Expense $52,196
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/19/2025 08/19/25 | For Sale | $629,000 | -- | $121 / Sq Ft |
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