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$2,900,000

157 181 Rathbun Street
Woonsocket, RI 02895
Listed by List with Lyon Team
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Stabilized cash flow, built-in upside, and the kind of scale serious investors move on fast. Four buildings, 23 units, and a 50-car parking lot delivering $31,000/month ($372,000 annualized) with stable income from day one. With an achievable rent roll of $34,225/month, there's over $38,000 in annual upside already baked in — value-add potential without the heavy lift. The unit count supports real economies of scale, the parking differentiates the asset, and Woonsocket's proximity to Providence keeps rental demand consistent. This is the kind of stabilized, cash-flowing portfolio with clear growth runway that doesn't stay available long.

Property details

MLS #
1413389
Property type
Apartment,Commercial
Subdivision
N/A
Status
Active
Days on market
10
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
30,492 sqft
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
RISE Prep Mayoral Academy Ele
0.15 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
382
Student:teacher ratio
14.7:1
District
RISE Prep Mayoral Academy
Middle
Woonsocket Middle @ Villa Nova
0.4 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
629
Student:teacher ratio
9.8:1
District
Woonsocket
HighCharter
BEACON Charter School
0.65 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
217
Student:teacher ratio
13.6:1
District
Beacon Charter School

Mortgage calculator

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Est. monthly payment
$17,614/mo
$580,000 down
$2,320,000 loan
Principal & interest$15,047
Property tax (est.)$2,417
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 28, 2026.

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.