LKV Realty
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$566,100
$2,900Reward *
420 Rathbun Street, Woonsocket, RI 02895Listing ID 1416193

420 Rathbun Street, Woonsocket, RI 02895

Active
Time on site: 50 daysLast updated: Jul 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Square Feet
Square Feet
3,145
Days on Site
Days on Site
49
Cooling
Cooling
Wall Unit(s)
Heating
Heating
Baseboard, Electric, Forced Air, Gas, Space Heater
Year Built
Year Built
1900
Parking
Parking
No Garage

Rare opportunity to acquire FOUR income-producing condominium units within a professionally managed 6-unit building. This package includes a total of 8 bedrooms, 4 bathrooms, and approximately 3,145 square feet across four separately deeded units. Currently generating $5,900 per month in rental income, the portfolio offers a diverse unit mix consisting of one 1-bedroom unit, 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 $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, 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.

Property Information

Property Details

Location

Address
420 Rathbun Street
County
Providence
City
Woonsocket
Zip Code
02895

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
4

Building

Building Information

Square Feet
3,145
Year Built
1900
Construction
Drywall
Foundation
Stone

Property Taxes

Tax Annual Amount
$4,239
Tax Year
2025

Homeowner Association

HOA Fee
$180
HOA Fee Frequency
Monthly
Keller Williams Realty, (508) 695-4545

Market Report for 02895

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: State-Wide MLS, Inc
State-Wide MLS, Inc logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and maynot be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.© 2026 State-Wide Multiple Listing Service. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

42193