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Income-Generating Condominium Unit Package
For Sale
$566,100

420 Rathbun Street, 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 Market54

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 Changed: Jul 15 Last Checked: Jul 30 at 6:32PM

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

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Bakery Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

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
Rey
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 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
More about this property
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