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:$629,000
- Price per sq. ft.:$93.32
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:1 day(s) ago
- Updated:August 19, 2025 at 06:53 PM
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:$629,000
- Price per sq. ft.:$93.32
- Tax amount:$8,578 (2025)
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