$899,000

60 Rathbun Street, Woonsocket, RI 02895

6,400 sqft

Commercial Property
Built in 1900
0.3acre lot
—— car garage
$140/sqft
Listed 2 months ago

Property Description

Investor’s Dream Opportunity! This 7-unit mixed-use property offers 6 residential apartments, 1 retail space, and a sizable parcel of land with potential for an additional buildable lot. A true cash-flow generator, the property boasts a strong rental history and consistent returns. The residential units feature balconies, eat-in kitchens, spacious living rooms, and full baths in each. Unit mix includes four 2-bedroom apartments, one 4-bedroom apartment, and one studio, catering to a wide range of tenant demand. Key highlights include Ample off-street parking, Recent upgrades: newer roof, updated balconies/porches, and compliant water meter, Prime location with a stable tenant base, Upside potential with land for expansion. With its income strength, solid fundamentals, and long-term growth potential, this property is a turnkey investment you won’t want to miss! Note: Rental figures reflect market value projections.

Listing Status:: Pending
Date Added:: September 5, 2025 at 05:00AM
Listing Office:: Keller Williams Realty : 508-695-4545
MLS ID:: 1392035

Basement: Full

Parking: Parking spaces: 20

General: 0

Road/Access: City Street
Originating MLS: RIS_RIS
County: Providence

Zoning: R460RATHBUNSTWOON

Utilities: Sewer ConnectedCircuit Breakers
Sewer: Connected

Source: RIS_RIS
Ownership: LLC

This listing courtesy of Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Harris School

60 High School St, Woonsocket, RI, 02895

Grades KG-5

0.60 miles away

Woonsocket Middle @ Villa Nova

240 Florence Dr, Woonsocket, RI, 02895

Grades 6-8

0.32 miles away

Woonsocket High School

777 Cass Ave, Woonsocket, RI, 02895

Grades 9-12

1.01 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.