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157 Rathbun Street

Woonsocket, RI 02895
  • $2,900,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 1413389
UPDATED: 76 min ago
$2,900,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,246
    SQFT
  • $168
    $/SQFT
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

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.

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[Rhode Island Statewide MLS] logo

© 2026 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: 2026-07-18T12:37:51.777.
www.lavonnelopes.com/homes/177795017
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157 Rathbun Street Woonsocket, RI 02895

  • Price: $2,900,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 76 min ago
  • MLS #: 1413389
0
Beds
0
Baths
0
½ Baths
0.7
Acres
17,246
SQFT
$168
$/SQFT
1900
Built
County:
Providence
Area:
Woonsocket
Property Description
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.
Exterior Features

Construction Materials Frame Levels Three Or More Parking Total 50

Property Features

Business Type Residential Electric Circuit Breakers Human Modified YN No Land Lease YN No New Construction YN No Property Sub Type Commercial Road Surface Type Asphalt Sewer Connected Structure Type Apartment Tax Annual Amount 38736 Tax Assessed Value 1818600 Tax Lot 505152 Tax Year 2025 Utilities Sewer Connected Zoning R4

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of HERE Realty: .



[Rhode Island Statewide MLS] logo

© 2026 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: 2026-07-18T12:37:51.777.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886