Woonsocket, RI Multi-Family Retail Multi-Family FOR SALE


Woonsocket, RI
$2,900,000 USD
401-419-0324
, Woonsocket, RI for Sale
$2,900,000 USD
Multi-Family - FOR SALE
1/28
null | Request Cap Rate

Woonsocket, RI Multi-Family Retail
Woonsocket, RI


HIGHLIGHTS

  • 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.

ASK ABOUT THIS PROPERTY

Jessica ScottiHere RealtyMore Info
401-419-0324

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jessica ScottiHere RealtyMore Info
401-419-0324

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.