Four buildings, 21 apartments, storefront, garage, and a 50-car parking lot delivering $31,000/month ($372,000 annualized).
Unit count supports real economies of scale, the parking differentiates the asset. Woonsocket's proximity to Providence keeps rental demand consistent
Stabilized cash flow from day one.
OVERVIEW
157-181 Rathbun Street in Woonsocket, Rhode Island is a four-building multifamily portfolio totaling approximately 17,246 square feet on 0.70 acres. The property includes 23 residential units, a storefront, a garage, and approximately 50 parking spaces. Offered at $2,900,000, the asset currently generates reported monthly income of approximately $31,000.