60 Rathbun St Woonsocket, RI 02895
Social District NeighborhoodEstimated payment $5,042/month
About This Home
Investor’s Dream Opportunity! This 7-unit mixed-use property offers 6 residential apartments, 1 retail space, and a sizable parcel of land with potential for an additional buildable lot. A true cash-flow generator, the property boasts a strong rental history and consistent returns. The residential units feature balconies, eat-in kitchens, spacious living rooms, and full baths in each. Unit mix includes four 2-bedroom apartments, one 4-bedroom apartment, and one studio, catering to a wide range of tenant demand. Key highlights include Ample off-street parking, Recent upgrades: newer roof, updated balconies/porches, and compliant water meter, Prime location with a stable tenant base, Upside potential with land for expansion. With its income strength, solid fundamentals, and long-term growth potential, this property is a turnkey investment you won’t want to miss! Note: Rental figures reflect market value projections.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,035
Year Built
- Built in 1900
Lot Details
- 0.3 Acre Lot
Parking
- 20 Car Parking Spaces
Interior Spaces
- 13,068 Sq Ft Home
- Granite Flooring
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Community Details
- 7 Units
- Property has 1 Level
Listing and Financial Details
- Assessor Parcel Number M:21F L:37 U:5,562435
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $277,500 | $105,800 | $171,700 |
| 2023 | $0 | $277,500 | $105,800 | $171,700 |
| 2022 | $0 | $277,500 | $105,800 | $171,700 |
| 2021 | $0 | $197,170 | $48,600 | $148,570 |
| 2020 | $0 | $197,170 | $48,600 | $148,570 |
| 2018 | $0 | $197,170 | $48,600 | $148,570 |
| 2017 | $0 | $170,700 | $47,200 | $123,500 |
| 2016 | -- | $170,700 | $47,200 | $123,500 |
| 2015 | -- | $170,700 | $47,200 | $123,500 |
| 2014 | -- | $174,600 | $51,900 | $122,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $899,000 | -2.8% | $69 / Sq Ft |
| 09/08/2025 09/08/25 | For Sale | $925,000 | -- | $71 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | None Available | |
| Warranty Deed | $800,000 | None Available | |
| Warranty Deed | $610,000 | None Available | |
| Warranty Deed | $610,000 | None Available | |
| Warranty Deed | $500,000 | None Available | |
| Warranty Deed | $500,000 | None Available | |
| Deed | $320,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | Purchase Money Mortgage | |
| Closed | $680,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $408,000 | Purchase Money Mortgage | |
| Previous Owner | $8,000 | Commercial | |
| Previous Owner | $39,993 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73427584
APN: WOON-000021F-000037-000005
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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.
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