1. Rhode Island
  2. Woonsocket
  3. 0 River & Transit Street
$1,275,000

0 River & Transit Street, Woonsocket, RI 02895

  • 12 beds |
  • 8 baths |
  • 11,948 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $107/sqft
  • Property List Date Icon Listed 21 days ago

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!

Listing Status:
Active
Date Added:
June 26, 2025 at 05:00AM
Listing Office:
Bond Brokerage : 401-954-0270
MLS ID:
1388734
  • General: Stall ShowerTub Shower
  • Laundry: Common Area
  • Basement: Exterior EntryFullInterior EntryUnfinished
  • Flooring: Ceramic TileLaminateOther
  • A/C: None
  • Heating: BaseboardGas
  • Fireplace: Fireplaces: 0

This listing courtesy of Bond Brokerage

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harris School

60 High School St, Woonsocket, RI, 02895

Grades KG-5

0.39 miles away

W

Woonsocket Middle @ Villa Nova

240 Florence Dr, Woonsocket, RI, 02895

Grades 6-8

0.91 miles away

W

Woonsocket High School

777 Cass Ave, Woonsocket, RI, 02895

Grades 9-12

1.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.