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$949,000 Just Listed
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Property Description
Exceptional opportunity to acquire SEVEN income-producing condominium units across two professionally managed buildings. This package includes a total of 14 bedrooms, 7 bathrooms, and approximately 5,492 square feet of living area across seven separately deeded units. Currently generating $10,325 per month in rental income, the portfolio consists of a diverse mix of 1, 2, and 3-bedroom units, with six units occupied and one vacant 2-bedroom unit, providing immediate upside through lease-up at current market rents. Monthly HOA fees are $180 per unit and include water, sewer, snow removal, refuse removal, and extra storage, helping reduce ownership responsibilities and operating expenses. This unique portfolio offers immediate cash flow, strong rental demand, and future appreciation potential, making it an attractive opportunity for investors seeking scale through a single acquisition. Rarely does a package of this size become available in the Woonsocket market. The SEVEN condominium units are located in two adjacent buildings on Rathbun Street. Three units are situated at 414 Rathbun Street, and four units are situated at 420 Rathbun Street.
Full Property Details
Full Property Details for 414 Rathbun St
General
- Price: $949,000
- HOA FEE: $180/month
- Taxes: $7,758 (2025)
- Status: Active
- Type: Commercial
- Source: STWMLS
- MLS ID: 1416208
- Updated: 6/24/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Residential
Additional Information
- Security/Safety: Fire Alarm, Key Card Entry, Smoke Detector(s)
Parking
- Total Spaces: 10
Location
- County: Providence
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard, Space Heater
Utilities
- Sewer: Connected
- Water: Connected, Water Tap Fee
- Utility Description: Electricity Available, Natural Gas Available, Sewer Connected
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Building Size: 5492
- Finished Total: 5,492 Sq. Ft.
- Finished Above Grnd: 5,492 Sq. Ft.
- Year Built: 1900
Lot Features
- Frontage: City Street, Paved
- Potential Use: Multi-Family, Residential
Financial Considerations
- Association Fee: $180
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,758
- Tax Year: 2025
Disclosures and Reports
- Property ID: 414420RATHBUNSTWOON
- Lot Number: 196
Listed by Keller Williams Realty
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Schools
Schools serving 414 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 414 Rathbun St
Date
Details
Price
Change
Source
6/24/2026
Listed
$949,000
—
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 414 Rathbun St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,250
6%
$111,300
37%
2024
$1,181
4%
$81,200
—
2023
$1,135
—
$81,200
—
2022
$1,135
-18%
$81,200
39%
2021
$1,389
-1%
$58,500
—
2020
$1,404
—
$58,500
—
2018
$1,409
30%
$58,500
62%
2017
$1,087
-5%
$36,100
—
2016
$1,149
-13%
$36,100
—
2015
$1,321
-9%
$36,100
-11%
2014
$1,452
4%
$40,400
—
2013
$1,396
—
$40,400
—
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 414 Rathbun St
414 Rathbun Street, Woonsocket, RI 02895 (MLS# 1416208) is a Commercial property. 414 Rathbun Street is currently listed for $949,000 and was received on June 24, 2026. Want to learn more about 414 Rathbun Street? Do you have questions about finding other Commercial real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.

