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About This Home
This 0-bedroom, 0-bathroom commercial at 157 Rathbun Street in Woonsocket, RI is listed for $2,900,000 ($168 per sqft). Built in 1900, the home offers 17,246 sqft of living space on a 0.70 acres lot.
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.
Key Features
- Built in 1900
- 0.70 acre lot
- 3 stories
- 50 parking spaces
Property Details
Monthly Cost Estimate
$15,510/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
157 Rathbun Street
Woonsocket, RI 02895
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 157 Rathbun Street is listed at $2,900,000 ($168/sqft). The estimated monthly payment is $12,567 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.70 acre lot, 3 stories, 50 parking spaces.
This property is listed by List with Lyon Team and can be reached at (401) 649-2358 or Jim@LyonPropertyGroup.com.