0 River & Transit St, Woonsocket, RI 02895

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
0 River & Transit St,Woonsocket, RI 02895
$1,275,000
  • 12 Beds
  • 8 Baths
  • 5,716 sq. ft.
  • Multi-family
  • Active
Listed by:donald martone
Office:donald martone
MLS#:73430058
Source:MLSPIN

Price summary

  • Price:$1,275,000
  • Price per sq. ft.:$223.06

About this home

Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) An 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. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (RI MLS 1393027) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. Laundry in building! 4 car garage! Sold as package or individually!

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Home facts

  • Year built:1900
  • Listing ID #:73430058
  • Updated:September 16, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:5,716 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:5,716 sq. ft.
  • Lot area:0.3 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,275,000
  • Price per sq. ft.:$223.06
  • Tax amount:$15,263 (2025)
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