420 Rathbun St
$452,700
7
Beds
4
Baths
2,515
Sqft
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$452,700
7
Beds
4
Baths
2,515
Living Area
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Property Description
Rare opportunity to acquire THREE income-producing condominium units within a professionally managed 5-unit building. This package includes a total of 7 bedrooms, 4 bathrooms and three separately deeded units. Currently generating $4,600 per month in rental income, the portfolio offers a diverse unit mix consisting of two 2-bedroom units, and one 3-bedroom unit. The property provides immediate cash flow with long-term appreciation and rental growth potential. Monthly HOA fees are $220 per unit and include water, sewer, trash collection, master insurance, snow removal and landscaping, helping reduce ownership responsibilities and maintenance expenses. A unique investment opportunity for buyers seeking multiple income producing units in one transaction with stable cash flow and strong rental demand in the Woonsocket market.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 6
- Property Type: 5-9 Family
- Total Rooms: 15
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Tile
- Interior Features: Living Room, Kitchen
- SqFt Source: Public Record
- Year Built Details: Actual
- Basement: Full, Interior Entry, Unfinished
- Exterior Features: Balcony
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $377,460
- Taxes: $4,239
- Tax Year: 2025
- Total Rent: $4,600
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Keller Williams Elite.
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