243 Transit Street 251, Woonsocket, RI 02895

$600,000
8
BD
4
BA

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Sold Price
$600,000
List Price
$599,000
Closing Date
Jan 27, 2026
MLS#
1393027
Status
CLOSED
Type
Multifamily
City
Woonsocket
County
Providence
Bedrooms
8
Bathrooms
4
Year Built
1922

Property Description

Seize this excellent investment opportunity in the heart of Woonsocket, RI! This freshly painted, well-maintained, fire coded, multi-family property generates a strong annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Property also offers tenants ample off street parking with a detached 4 car garage! 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! Can also be sold as a package MLS # 1392331

Additional Information

Electric
150 Amp Service
Cooling
None
Sewer
Connected, Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Bond Brokerage. Contact:

Selling Office: BHHS Commonwealth Real Estate.

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