411 Rathbun Street
$929,000
17
Beds
5/2
Baths
6,000
Sqft
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$929,000
17
Beds
5/2
Baths
6,000
Living Area
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Property Description
Exceptional investment opportunity! Rare offering featuring 2 buildings on 1 lot with a total of "4 RESIDENTIAL UNITS" in a convenient Woonsocket location. The Front Building is a SIDE-BY-SIDE DUPLEX, each offering 4 bedrooms, 1.5 baths, with one first-floor bedroom, three second-floor bedrooms, spacious layouts, in-unit laundry, unfinished basement storage, and bright living spaces. Both units are well maintained and currently rented at $2,000/month each, with future upside potential. The Rear Building is a fully renovated 3 FAMILY, currently vacant and ready for immediate occupancy or lease-up. Each unit features 3 bedrooms, 1 full bath, spacious living and dining areas, a functional kitchen, and abundant natural light. Estimated market rent is approximately $2,000/month per unit. With projected gross rental income of approximately $10,000/month once fully leased, this property offers outstanding cash flow potential for investors while also presenting an excellent owner-occupant opportunity. Additional highlights include ample off-street parking, spacious unit layouts, separate buildings for added privacy, and a desirable location close to shopping, restaurants, schools, parks, and major commuter routes. A rare chance to own a versatile, income-producing property with immediate upside potential.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1910
- Parking Spots: 5
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 27
- Status: Active
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Additional Details
- Basement: Full, Unfinished
- Foundation: Concrete Perimeter, Stone
- SqFt Source: Other
- Year Built Details: Actual
- Zoning: R4
- Construction: Frame
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $629,900
- Taxes: $7,074
- Tax Year: 2025
- Total Rent: $10,000
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Listing information provided courtesy of Keller Williams Elite.
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