243 Transit Street, Woonsocket, RI 02895
- 8 beds |
- 4 baths |
- 6,740 sqft
Multi-Family Home 
Built in 1922 
8,276sqft lot
4 car garage 
$96/sqft 
Listed 12 days ago
Property Description
Seize this excellent investment opportunity in the heart of Woonsocket, RI! This freshly painted, well-maintained, fire coded, multi-family property generates a strong annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Property also offers tenants ample off street parking with a detached 4 car garage! 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. 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 this high-yield investment—schedule your showing today!
- Listing Status:
- Active
- Date Added:
- May 13, 2025 at 05:00AM
- Listing Office:
- Bond Brokerage : 401-954-0270
- MLS ID:
- 1384862
- General: Stall ShowerTub Shower
- Appliances: Gas Water HeaterWater Heater
- Laundry: Common Area
- Basement: FullInterior EntryUnfinished
- Flooring: LaminateOther
- A/C: None
- Heating: OilSteamSpace Heater
- Fireplace: Fireplaces: 0
This listing courtesy of Bond Brokerage
Location
Schools Nearby
Globe Park School
192 Avenue A, Woonsocket, RI, 02895
Grades PK-5
0.42 miles away
Woonsocket Middle at Hamlet
60 Florence Dr, Woonsocket, RI, 02895
Grades 6-8
1.20 miles away
Woonsocket Career an Tech Center
400 Aylsworth Ave, Woonsocket, RI, 02895
Grades 9-12
1.83 miles away
