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17 Beds
7 Baths
5,938 sqft

$929,000

409 Rathbun Street, Woonsocket RI, 02895

Price per sqft$156.45
Built in1910
Property size5,938 sqft
Property typeMulti-family

Overview

Active

Listed Aug 25, 2026

Updated 2 weeks ago

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.

$6,181/mo

Est. mortgage payment based on a $929,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1421531

Interior Features

Bedrooms
17
Bathrooms
7
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$7,074
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Keller Williams Realty, 774-266-1068

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Mott & Chace Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 4:57 AM UTC, 9/28/2026.

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