$599,000

372 River Street, Woonsocket, RI 02895

  • 4 beds |
  • 4 baths |
  • 5,208 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $115/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Seize this 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. 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! Can also be sold as a package MLS # 1392331

Listing Status:
Active
Date Added:
August 19, 2025 at 05:00AM
Listing Office:
Bond Brokerage : 401-533-1021
MLS ID:
1393018
  • Basement: Exterior EntryFullInterior EntryUnfinished
  • Flooring: Ceramic TileLaminateOther
  • A/C: None
  • Heating: BaseboardGas
  • Fireplace: Fireplaces: 0
  • Parking: No GarageParking spaces: 10
  • Windows: Thermal Windows
  • General: Vinyl Siding2Combination
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: MU1372376RIVERSTWOON
  • Utilities: Sewer Connected150 Amp Service
  • Water: Connected
  • Sewer: Connected
  • Source: RIS_RIS

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

0.90 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.

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  • 5 bed |
  • 3 bath |
  • 6,074 sqft |
458 Prospect Street Woonsocket, RI 02895

#1400289 - Jack Conway & Co Inc.