- – beds
- – baths
- 11,948 sqft
- 13,068 sqft lot
- $106 per sqft
- 1900 build
AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1384927) An 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. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (MLS 1384862) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Detached 4 car garage! 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 another high-yield investment. Both Properties are 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. Call today!
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Last updated Jun 27, 2025
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MLS# 1388734 —
The Building
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Year Built:1900
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New Construction:false
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Building Area Total:11948.0
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Construction Materials:VinylSiding
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Structure Type:Apartment
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Foundation Details:Combination
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Stories Total:2
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Basement:ExteriorEntry,Full,InteriorEntry,Unfinished
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Basement:true
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Window Features:ThermalWindows
Interior
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Interior Features:StallShower,TubShower
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Flooring:CeramicTile,Laminate,Other
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Fireplace:false
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Fireplace Features:None
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Laundry Features:CommonArea
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:42.003289
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Longitude:-71.520139
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Features:Paved
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Lot Size Acres:0.3
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Lot Size Area:13068.0
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Lot Size Square Feet:13068.0
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Lot Size Units:SquareFeet
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Parcel Number:0RIVER&TRANSITSTWOON
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Zoning:MU1 & R3
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 954-0270
- Office phone:
- (401) 954-0270
Taxes
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Tax Year:2025
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Tax Annual Amount:15263.0
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Tax Assessed Value:742600
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Tax Lot:148 & 9
Heating & Cooling
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Heating:Baseboard,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:Amps150
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Sewer:Connected
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Water Source:Connected
The Community
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Subdivision Name:Blackstone
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Senior Community:false
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Community Features:Golf,HighwayAccess,NearHospital,NearSchools,Other,PublicTransportation,RecreationArea,Restaurant,Shopping,SeeRemarks,Sidewalks
Parking
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Parking Total:14.0
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Parking Features:Detached,Garage,NoGarage
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Attached Garage:false
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Garage:false
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Garage Spaces:4.0
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Covered Spaces:4.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/26/25
Jun 26, 2025
|
Listed / Active | RIMLS | $1,275,000 |