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About This Home
This 12-bedroom, 6-bathroom residential multi family at 60 Rathbun St in Woonsocket, RI is listed for $925,000 ($71 per sqft). Built in 1900, the home offers 13,068 sqft of living space on a 0.30 acres lot.
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.
Key Features
- Built in 1900
- 0.30 acre lot
- 5 stories
- 20 parking spaces
Property Details
Monthly Cost Estimate
$4,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
60 Rathbun St
Woonsocket, RI 02895
Questions & Answers
This 12-bedroom, 6-bathroom residential multi family at 60 Rathbun St is listed at $925,000 ($71/sqft). The estimated monthly payment is $4,008 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.30 acre lot, 5 stories, 20 parking spaces.
This property is listed by . ..
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