New Listing - 05/13/2025
372 376 River Street, Woonsocket, RI, 02895
12 rooms
4 beds
4 Full baths
1900
Seize this excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Ideal for both seasoned investors and first-time buyers looking to build equity while collecting consistent cash flow. Located in a stable rental market with strong tenant demand, this property is a smart addition to any portfolio. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, Convenient location with access to local amenities and major routes Don't miss out on this high-yield investment schedule your showing today!
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
MU1
Subdivision:
Blackstone River
Garage:
No Garage
Heating:
Baseboard, Gas
Cooling:
None
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Parking:
10-car
Acreage:
0.11
Est. Taxes:
$6,685
Assessment
$328,100
Construction
Vinyl Siding
Utilities
Sewer Connected
Lot Description:
Paved
Amenities:
Golf, Highway Access, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Sidewalks
MLS #:
1384927
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Bond Brokerage Phone: 401-954-0270