243 Transit Street, Woonsocket, RI 02895 - Photo 1

1/1

$600,000

Sold
Closed
Apartment
8 Beds
4 Full Baths
0.19 Acres
4 Car Garage

1/1

Property Description

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

Full Property Details for 243 Transit St

General

Sold For: $600,000
Taxes: $8,578 (2025)
Status: Closed
Type: Apartment
Source: STWMLS
MLS ID: 1393027
Added to Site: 195 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
Architectural Style: Stacked, Side By Side
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
Sold by BHHS Commonwealth Real Estate

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Listing agent

— 243 Transit St —

Bond Brokerage

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NMLS#: 1598647

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Schools

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

Date

Details

Price

Change

Source

1/27/2026

Sold

$600,000

0.17%

MLS

9/25/2025

Price Reduced

$599,000

-4.77%

MLS

8/19/2025

Listed

$629,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4
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Total Baths
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243 Transit Street, Woonsocket, RI 02895 (MLS# 1393027) is a Apartment property that was sold at $600,000 on January 27, 2026. 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.

243 Transit St Woonsocket, RI 02895