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$2,900,000 Just Listed
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Property Description
Stabilized cash flow, built-in upside, and the kind of scale serious investors move on fast. Four buildings, 23 units, and a 50-car parking lot delivering $31,000/month ($372,000 annualized) with stable income from day one. With an achievable rent roll of $34,225/month, there's over $38,000 in annual upside already baked in value-add potential without the heavy lift. The unit count supports real economies of scale, the parking differentiates the asset, and Woonsocket's proximity to Providence keeps rental demand consistent. This is the kind of stabilized, cash-flowing portfolio with clear growth runway that doesn't stay available long.
Full Property Details
Full Property Details for 157 Rathbun St
General
- Price: $2,900,000
- Taxes: $38,736 (2025)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1413389
- Updated: Today (6/17/2026)
- Added to Site: Today
Business
- Business Type: Residential
Parking
- Total Spaces: 50
Location
- County: Providence
Community
- Units Assoc/Comm: 23
Utilities
- Sewer: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 4
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Frame
- Stories/Levels: 3
- Building Size: 17246
- Finished Total: 17,246 Sq. Ft.
- Finished Above Grnd: 17,246 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 30,492
- Lot Size: 30492
Financial Considerations
- Tax Amount: $38,736
- Tax Year: 2025
Disclosures and Reports
- Property ID: 157181RATHBUNSTWOON
- Lot Number: 505152
Listed by HERE Realty
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Schools
Schools serving 157 Rathbun St
School District:Woonsocket School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Rathbun St
Date
Details
Price
Change
Source
6/17/2026
Listed
$2,900,000
28.89%
MLS
12/12/2023
Sold
$2,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 157 Rathbun St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,209
100%
$374,800
37%
2024
100%
$272,700
—
2023
100%
$272,700
—
2022
100%
$272,700
38%
2022
100%
$197,900
—
2021
100%
$197,900
—
2018
100%
$197,900
-9%
2017
100%
$217,700
—
2016
100%
$217,700
—
2015
100%
$217,700
10%
2014
100%
$198,600
—
2013
—
$198,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157 Rathbun St
157 Rathbun Street, Woonsocket, RI 02895 (MLS# 1413389) is a Commercial Residential Facility property. 157 Rathbun Street is currently listed for $2,900,000 and was received on June 17, 2026. Want to learn more about 157 Rathbun Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.

