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0 River & Transit Street

Woonsocket, RI 02895
  • $1,275,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 1388734
UPDATED: 69 min ago
$1,275,000
  • 12
    BEDS
  • 0.3
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 11,948
    SQFT
  • $107
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1384927) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (MLS 1384862) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Detached 4 car garage! Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on another high-yield investment. Both Properties are ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Call today!

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-07-07T21:37:37.103.
www.lavonnelopes.com/homes/165326247
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0 River & Transit Street Woonsocket, RI 02895

  • Price: $1,275,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 69 min ago
  • MLS #: 1388734
12
Beds
8
Baths
0
½ Baths
0.3
Acres
11,948
SQFT
$107
$/SQFT
1900
Built
Neighborhood:
Blackstone
County:
Providence
Area:
Woonsocket
Property Description
AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1384927) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (MLS 1384862) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Detached 4 car garage! Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on another high-yield investment. Both Properties are ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Call today!
Exterior Features

Construction Materials Vinyl Siding Covered Spaces 4 Foundation Details Combination Garage YN No Lot Features Paved Parking Features Detached Garage No Garage Parking Total 14

Interior Features

Basement Exterior Entry Full Interior Entry Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Laminate Other Heating Baseboard Gas Heating YN Yes Interior Features Stall Shower Tub Shower Window Features Thermal Windows

Property Features

Attached Garage YN No Business Type Other Community Features Golf Highway Access Near Hospital Near Schools Other Public Transportation Recreation Area Restaurant Shopping See Remarks Sidewalks Electric 150 Amp Service Human Modified YN No Land Lease YN No Laundry Features Common Area New Construction YN No Operating Expense 112387 Property Sub Type Multi Family Senior Community YN No Sewer Connected Structure Type Apartment Tax Annual Amount 15263 Tax Assessed Value 742600 Tax Lot 148 & 9 Tax Year 2025 Tenant Pays Hot Water Utilities Sewer Connected Water Source Connected Zoning MU1 & R3

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Bond Brokerage: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-07-07T21:37:37.103.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886