AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1384927) 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 (MLS 1384862) 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%. New roof! Laundry in building! Detached 4 car garage! 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 another high-yield investment. Both Properties are 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. Call today!
For sale
$1,275,000
0 River & Transit St, Woonsocket, RI 02895
12beds
5,716sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$1,220,700 Zestimate®
$223/sqft
$-- HOA
What's special
Off street parkingNew roofLaundry in buildingLow maintenance exterior
- 37 days
- on Zillow |
- 95 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 06, 2025 at 09:32pm
Listed by:
Don Martone 401-954-0270,
Bond Brokerage,
Lizbeth Rivera 508-472-0238,
Bond Brokerage
Source: StateWide MLS RI,MLS#: 1388734

Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Gas Connected
Cooling
- None
Appliances
- Laundry: In Building, Off Site
Features
- Stairs
- Flooring: Ceramic Tile, Laminate, Other
- Windows: Insulated Windows
- Basement: Full,Interior and Exterior,Unfinished,Laundry,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 11,948
- Total interior livable area: 5,716 sqft
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: Detached, No Garage
- Garage spaces: 4
Features
- Stories: 2
Lot
- Size: 0.3 Acres
- Features: Paved, Sidewalks
Details
- Foundation area: 1302
- Zoning: MU1 & R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 150 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
- Subdivision: Blackstone
HOA
- Has HOA: No
Location
- Region: Woonsocket
Financial & listing details
- Price per square foot: $223/sqft
- Annual tax amount: $15,263
- Date on market: 6/27/2025
- Total actual rent: 11720
- Tenant pays: Hot Water, Heat
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