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$599,000 Sale Pending

  • For Sale
  • Pending
  • Apartment
  • 8 Beds
  • 4 Full Baths
  • 0.19 Acres
  • 4 Car Garage
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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

Full Property Details for 243 Transit St

General

  • Price: $599,000
  • Taxes: $8,578 (2025)
  • Status: Pending
  • Type: Apartment
  • Source: STWMLS
  • MLS ID: 1393027
  • Updated: 11/21/2025
  • Added to Site: 149 day(s) ago

Business

  • Business Type: Other

Interior

  • Number of Rooms: 12
  • Interior Features: Stall Shower, Tub Shower
  • Appliances: Gas Water Heater, Water Heater
  • Flooring: Laminate, Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Common Area

Exterior

  • Exterior Features: Balcony, Deck
  • Porch/Patio/Deck: Balcony, Deck

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Covered Spaces: 4
  • Total Spaces: 8
  • Parking Features: Detached, Garage

Location

  • County: Providence
  • Subdivision: Blackstone
  • Near Highway: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Steam, Space Heater

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Public
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Structure Type: Apartment
  • Detached/Attached: Detached
  • Construction: Plaster, Other
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Stories/Levels: 2
  • Building Size: 6740
  • Finished Total: 6,740 Sq. Ft.
  • Finished Above Grnd: 6,740 Sq. Ft.
  • Year Built: 1922

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size: 8276
  • Sidewalks: Yes
  • Lot Features: Corner Lot

Financial Considerations

  • Operating Expenses: $53,190
  • Tax Amount: $8,578
  • Tax Year: 2025
  • Tenant Pays: Hot Water

Disclosures and Reports

  • Property ID: 243251TRANSITSTWOON
  • Lot Number: 9

Listed by Bond Brokerage

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Listing agent

— 243 Transit St —

  • Bond Brokerage

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 243 Transit St

School District:Woonsocket School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 243 Transit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2025
Price Reduced
$599,000
-4.77%
MLS
8/19/2025
Listed
$629,000
224.23%
MLS
6/29/2018
Sold
$194,000
—
Public Record
Get Price Alerts and Save Property
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 for 243 Transit St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,655
1%
$414,500
30%
2024
$4,624
4%
$318,000
—
2023
$4,446
—
$318,000
—
2022
$4,446
23%
$318,000
110%
2021
$3,603
-1%
$151,700
—
2020
$3,641
2%
$151,700
3%
2018
$3,554
1%
$147,600
26%
2017
$3,513
-5%
$116,700
—
2016
$3,716
-13%
$116,700
—
2015
$4,269
—
$116,700
-2%
2014
$4,277
4%
$119,000
—
2013
$4,113
—
$119,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Bond Brokerage

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243 Transit Street, Woonsocket, RI 02895 (MLS# 1393027) is a Apartment property with 8 bedrooms and 4 full bathrooms. 243 Transit Street is currently listed for $599,000 and was received on August 19, 2025. Want to learn more about 243 Transit Street? Do you have questions about finding other Apartment real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.

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