157 Rathbun Street 181, Woonsocket, RI 02895

$2,900,000

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List Price
$2,900,000
MLS#
1413389
Status
ACTIVE
Type
Commercial
City
Woonsocket
County
Providence
Year Built
1900

Property Description

Stabilized cash flow, built-in upside, and the kind of scale serious investors move on fast. Four buildings, 23 units, and a 50-car parking lot delivering $31,000/month ($372,000 annualized) with stable income from day one. With an achievable rent roll of $34,225/month, there's over $38,000 in annual upside already baked in value-add potential without the heavy lift. The unit count supports real economies of scale, the parking differentiates the asset, and Woonsocket's proximity to Providence keeps rental demand consistent. This is the kind of stabilized, cash-flowing portfolio with clear growth runway that doesn't stay available long.

Additional Information

Sewer
Connected
Taxes
$38,736

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