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$620,000 Just Listed
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Property Description
"NEWLY RENOVATED UNITS!" Seize this excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, 1B/1B multi-family property generates a strong annual income of $73,380 with annual expenses of $18,726. Newer roof! New gas, IBC Technologies on demand hot water system! New 2026 Hot water tanks! Property also offers tenants ample off street parking with a large lot in rear of building. Ideal for investors 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, 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!
Full Property Details
Full Property Details for 372 River St
General
- Price: $620,000
- Taxes: $6,685 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1407092
- Updated: 3/22/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Other
Interior
- Number of Rooms: 12
- Fireplace(s): None
- Flooring: Ceramic Tile, Laminate, Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 10
- Parking Features: No Garage
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked, Side By Side
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Windows: Thermal Windows
- Stories/Levels: 2
- Building Size: 5208
- Finished Total: 5,208 Sq. Ft.
- Finished Above Grnd: 5,208 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
- Sidewalks: Yes
- Lot Features: Paved
Financial Considerations
- Operating Expenses: $18,726
- Tax Amount: $6,685
- Tax Year: 2025
- Tenant Pays: Hot Water
Disclosures and Reports
- Inclusions: Buyer to assume 4 items noted by City of Woonsocket at closing: IC 304.11 chimney repair point/repair clean CC 305.3.1-305.3.5 potential lead 305.5 missing handrails 703.2 fire door
- Property ID: 372RIVERSTWOON
- Lot Number: 148
Listed by Bond Brokerage
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Schools
Schools serving 372 River 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 372 River St
Date
Details
Price
Change
Source
3/21/2026
Listed
$620,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 372 River St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,685
2%
$328,100
32%
2024
$3,603
4%
$247,800
—
2023
$3,464
—
$247,800
—
2022
$3,464
5%
$247,800
79%
2021
$3,287
-1%
$138,400
—
2020
$3,322
—
$138,400
—
2018
$3,333
5%
$138,400
31%
2017
$3,179
-5%
$105,600
—
2016
$3,362
-13%
$105,600
—
2015
$3,863
-1%
$105,600
-2%
2014
$3,892
4%
$108,300
—
2013
$3,743
—
$108,300
—
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 372 River St
372 River Street, Woonsocket, RI 02895 (MLS# 1407092) is a Apartment property with 4 bedrooms and 4 full bathrooms. 372 River Street is currently listed for $620,000 and was received on March 21, 2026. Want to learn more about 372 River 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.

