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Woonsocket, RI Multi-Family Retail 4 Multifamily Properties Offered at $2,900,000 in Woonsocket, RI
Investment Highlights
- Four buildings, 21 apartments, storefront, garage, and a 50-car parking lot delivering $31,000/month ($372,000 annualized).
- Stabilized cash flow from day one.
- Unit count supports real economies of scale, the parking differentiates the asset. Woonsocket's proximity to Providence keeps rental demand consistent
Executive Summary
157-181 Rathbun Street in Woonsocket, Rhode Island is a four-building multifamily portfolio totaling approximately 17,246 square feet on 0.70 acres. The property includes 23 residential units, a storefront, a garage, and approximately 50 parking spaces. Offered at $2,900,000, the asset currently generates reported monthly income of approximately $31,000.
Property Facts
| Price | $2,900,000 | Number of Properties | 4 |
| Price / SF | $152.89 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 18,968 SF |
| Status | Active | Total Land Area | 0.91 AC |
| Price | $2,900,000 |
| Price / SF | $152.89 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 18,968 SF |
| Total Land Area | 0.91 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 171-175 Rathbun St, Woonsocket, RI 02895 | Multifamily | 6,972 SF | 1938 | - |
| 155-159 Rathbun St, Woonsocket, RI 02895 | Multifamily | 4,949 SF | 1900 | - |
| 181-183 Rathbun St, Woonsocket, RI 02895 | Multifamily | 4,512 SF | 1939 | - |
| 167-169 Rathbun St, Woonsocket, RI 02895 | Multifamily | 2,535 SF | 1903 | - |
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Woonsocket, RI Multi-Family Retail
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