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409 Rathbun Street

Woonsocket, RI 02895
  • $979,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1421531
UPDATED: 98 min ago
$979,000
  • 17
    BEDS
  • 0.18
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 5,938
    SQFT
  • $165
    $/SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Description

Exceptional investment opportunity! Rare offering featuring 2 buildings on 1 lot with a total of "5 RESIDENTIAL UNITS" in a convenient Woonsocket location. The Front Building is a SIDE-BY-SIDE DUPLEX, each offering 4 bedrooms, 1.5 baths, with one first-floor bedroom, three second-floor bedrooms, spacious layouts, in-unit laundry, unfinished basement storage, and bright living spaces. Both units are well maintained and currently rented at $2,000/month each, with future upside potential. The Rear Building is a fully renovated 3 FAMILY, currently vacant and ready for immediate occupancy or lease-up. Each unit features 3 bedrooms, 1 full bath, spacious living and dining areas, a functional kitchen, and abundant natural light. Estimated market rent is approximately $2,000/month per unit. With projected gross rental income of approximately $10,000/month once fully leased, this property offers outstanding cash flow potential for investors while also presenting an excellent owner-occupant opportunity. Additional highlights include ample off-street parking, spacious unit layouts, separate buildings for added privacy, and a desirable location close to shopping, restaurants, schools, parks, and major commuter routes. A rare chance to own a versatile, income-producing property with immediate upside potential.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-10T23:37:52.747.
www.onshorerealtors.com/homes/180538029
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409 Rathbun Street Woonsocket, RI 02895

  • Price: $979,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 98 min ago
  • MLS #: 1421531
17
Beds
5
Baths
2
½ Baths
0.18
Acres
5,938
SQFT
$165
$/SQFT
1910
Built
County:
Providence
Area:
Woonsocket
Property Description
Exceptional investment opportunity! Rare offering featuring 2 buildings on 1 lot with a total of "5 RESIDENTIAL UNITS" in a convenient Woonsocket location. The Front Building is a SIDE-BY-SIDE DUPLEX, each offering 4 bedrooms, 1.5 baths, with one first-floor bedroom, three second-floor bedrooms, spacious layouts, in-unit laundry, unfinished basement storage, and bright living spaces. Both units are well maintained and currently rented at $2,000/month each, with future upside potential. The Rear Building is a fully renovated 3 FAMILY, currently vacant and ready for immediate occupancy or lease-up. Each unit features 3 bedrooms, 1 full bath, spacious living and dining areas, a functional kitchen, and abundant natural light. Estimated market rent is approximately $2,000/month per unit. With projected gross rental income of approximately $10,000/month once fully leased, this property offers outstanding cash flow potential for investors while also presenting an excellent owner-occupant opportunity. Additional highlights include ample off-street parking, spacious unit layouts, separate buildings for added privacy, and a desirable location close to shopping, restaurants, schools, parks, and major commuter routes. A rare chance to own a versatile, income-producing property with immediate upside potential.
Exterior Features

Architectural Style Stacked Side By Side Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Parking Features No Garage Parking Total 5

Interior Features

Appliances Gas Water Heater Basement Full Interior Entry Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Hardwood Laminate Heating Baseboard Gas Heating YN Yes

Property Features

Electric 100 Amp Service Human Modified YN No Inclusions Certain images have been digitally enhanced. Land Lease YN No New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 7074 Tax Assessed Value 629900 Tax Lot 112 Tax Year 2025 Utilities Sewer Connected Water Source Connected Zoning R4

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Keller Williams Realty: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-10T23:37:52.747.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891