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Income-Generating Condominium Unit Package

420 Rathbun Street Woonsocket, RI 02895

420 Rathbun Street, Woonsocket, RI, 02895
$566,100
For Sale
$566,100

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 Market40

Property Features for 420 Rathbun Street

General Information

Standard status
Active
Size
3,145 SF
Property subtype
Multi-family

Building Details

Year Built
1900
Listing Agency Keller Williams Elite
Listed by Talib Hussain
Source Milburyre
Added: Jun 8 Checked: Jul 17 at 10:59 am

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 Keller Williams Elite


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.

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

Location Intelligence

Current Use by Public Records

Specialty properties

Suggested Use

Real Estate Agency Bakery Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Acupuncture Catering Service Accounting Firm Gym & Fitness Center Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 Street 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
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