$659,000
About this home
668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6–6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer. Recent capital improvements, including four new hot water tanks, help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units. With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay. Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P&L or financial information being shared. All reasonable offers will receive consideration.
Property details
- MLS #
- 1422169
- Property type
- Multi Family
- Subdivision
- Bernon
- Status
- Active
- Days on market
- 10
- On market date
- September 1, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- 6
- Parking spaces
- 12
- Lot size
- 0.29 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 370
- Student:teacher ratio
- 14.8:1
- District
- Woonsocket
- Enrollment
- 160
- Student:teacher ratio
- 13.3:1
- District
- Beacon Charter School
- Enrollment
- 217
- Student:teacher ratio
- 13.6:1
- District
- Beacon Charter School
Walkability
Blended score for Woonsocket's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Woonsocket, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 14 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.