Income-Generating Condominium Unit
For Sale
$566,100
420 Rathbun St, Woonsocket, RI 02895
Four separately deeded condominium units within a professionally managed 6-unit building with current monthly rental income.
Property Size3,145 SF
Price / SF$180
Days on Market69
Property Features for 420 Rathbun St
General Information
Standard status
Active
Size
3,145 SF
Total Parking Spaces
8
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$4,239
Building Details
Building Size
3,145 SF
Year Built
1900
Stories
4
Listing Agency:
REMAX Executive Realty
(978) 578-5013
Listed By:
Chris Bernier · License #449585701
(978) 578-5013
Source:
Churchillprop
Added: Jun 25
Changed: Aug 31
Last Checked: Aug 31 at 1:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Executive Realty
Investment Insights
Based on property information with market context.
This package offers four income-producing condominium units within a professionally managed 6-unit building. The portfolio includes a total of 8 bedrooms and 4 bathrooms across four separately deeded units, with approximately 3,145 square feet in combined area. The current unit mix consists of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit, and the property is currently generating $5,900 per month in rental income.
Monthly HOA fees are $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, which helps reduce certain day-to-day ownership responsibilities. The units are located at 420 Rathbun Street in Woonsocket, Rhode Island.
Monthly HOA fees are $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, which helps reduce certain day-to-day ownership responsibilities. The units are located at 420 Rathbun Street in Woonsocket, Rhode Island.
Key Highlights
- Four income‑producing condo units in a professionally managed 6‑unit building
- Total of approximately 3,145 SF across four separately deeded units: 8 bedrooms and 4 bathrooms
- Current rental income of $5,900 per month with a unit mix of 1x 1‑bedroom, 2x 2‑bedroom, and 1x 3‑bedroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Four separately deeded condominium units within a professionally managed 6-unit building with current monthly rental income.
Where is this specialty property located?
The property is located at 420 Rathbun St Woonsocket, RI.
What is the asking price?
The asking price for this property is $566,100.
What are key features of this property?
This property features: Four income‑producing condo units in a professionally managed 6‑unit building; Total of approximately 3,145 SF across four separately deeded units: 8 bedrooms and 4 bathrooms; Current rental income of $5,900 per month with a unit mix of 1x 1‑bedroom, 2x 2‑bedroom, and 1x 3‑bedroom
