Luxury Real Estate Group Boston > Woonsocket > 409-415 Rathbun ST

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

409-415 Rathbun ST

Woonsocket, RI

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 $2,200/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 $10,500/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.

offered at

$979,000

  • Listing ID: 73555723
  • Bedrooms: 17
  • Full Baths: 5
  • Half Baths: 2
  • Living Area: 6,000 sqft Convert
  • Lot Size: 7,841 sqft Convert
  • Acres: 0.18

Additional Details

Type: Multi-Family, Quadruplex

Zip Code: 02895

Levels: 8

Parking

Garage Capacity: 5

Parking: Paved,Off Street

Parking Spaces: 5

Rooms and Dimensions

Total Units: 4

Total Floors: 8

Total Rooms: 27

Has Basement: Yes

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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