243 Transit Street, Woonsocket, RI 02895
Local realty services provided by:Empire Real Estate Group ERA Powered
Listed by: don martone
Office: bond brokerage
MLS#:1393027
Source:RI_STATEWIDE
Price summary
- Price:$599,000
- Price per sq. ft.:$88.87
About this home
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
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Home facts
- Year built:1922
- Listing ID #:1393027
- Added:119 day(s) ago
- Updated:December 17, 2025 at 10:04 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:6,740 sq. ft.
Heating and cooling
- Heating:Oil, Space Heater, Steam
Structure and exterior
- Year built:1922
- Building area:6,740 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Connected, Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$88.87
- Tax amount:$8,578 (2025)
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Empire Real Estate Group ERA Powered are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: December 17, 2025New listings near 243 Transit Street
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