$949,000
About this home
Exceptional opportunity to acquire SEVEN income-producing condominium units across TWO professionally managed buildings. This package includes a total of 14 bedrooms, 7 bathrooms, and approximately 5,492 square feet of living area across seven separately deeded units. Currently generating $10,325 per month in rental income, the portfolio consists of a diverse mix of 1, 2, and 3-bedroom units, with six units occupied and one vacant 2-bedroom unit, providing immediate upside through lease-up at current market rents. Monthly HOA fees are $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, helping reduce ownership responsibilities and operating expenses. This unique portfolio offers immediate cash flow, strong rental demand, and future appreciation potential, making it an attractive opportunity for investors seeking scale through a single acquisition. Rarely does a package of this size become available in the Woonsocket market. The SEVEN CONDOMINIUM units are located in two adjacent buildings on Rathbun Street. Three units are situated at 414 Rathbun Street, and four units are situated at 420 Rathbun Street.
Property details
- MLS #
- 1416208
- Property type
- Commercial,Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 47
- On market date
- June 24, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- 10
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 382
- Student:teacher ratio
- 14.7:1
- District
- RISE Prep Mayoral Academy
- Enrollment
- 629
- Student:teacher ratio
- 9.8:1
- District
- Woonsocket
- Enrollment
- 217
- Student:teacher ratio
- 13.6:1
- District
- Beacon Charter School
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 17 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.