0 River & Transit St

$1,198,000
Price
12
Beds
5,716 Sq. Ft.
$210 / Sq. Ft.
5,716
Sq. Ft.
$210
per Sq. Ft.

Description

Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Key Highlights:...Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a large lot in rear of building. Key Highlights: Solid income-producing asset, Reliable tenant base, Favorable ROI, low maintenance exterior with access to local amenities and major routes. High-yield investment. Property 2: 243 Transit St (RI MLS 1393027) This freshly painted, fire coded, renovated stairwell, multi-family property located in the heart of Woonsocket, generates annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. Laundry in building! 4 car garage! Sold as package or individually!
  1. Listed by Donald Martone • BOND BROKERAGE

Property Details for 0 River & Transit Street

Town
Woonsocket
Area
RI-Woonsocket
Garage Spaces
4
Parking Spaces
18.00
Parking Spaces Total
22
LISTING UPDATED: 12/10/2025 07:17 PM

Property Details for 0 River & Transit Street

StatusActive
MLS #73430058
Days on Market98
Taxes$15,263 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyProvidence County

Location

Listing Courtesy of BOND BROKERAGE
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Building Information for 0 River & Transit Street

Stories2Residences8Year Built1900Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$7,192 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,920

Property Taxes

$1,272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 River & Transit Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other (See Remarks)
  • Living Area: 5716.0
  • SqFt with Basement: No
  • Total Units: 8
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 8.0
  • Num of Full Baths: 8
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 8.00
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame, See Remarks
  • Exterior Features: Balcony
  • Exterior Features: Balcony, Porch
  • Lot Description: Corner Lot, Easements, Gentle Sloping
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 4.00
  • Garage: Yes
  • Garage Parking: Off-Street, Common
  • Parking Features: Off-Street, Common
  • Parking Features: Off-Street, Common
Utilities
  • Electric: 150 Amp Service
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Assessments: $742,600
  • Book: 0
  • Lot: 148&9
  • Map: 8&16
  • Tax Year: 2025
  • Zoning: MU1 & R3
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 2
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone, Brick/Mortar, Other
  • Levels: 2
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 8
  • Heat Zones: 8
Income / Expenses
  • GOI: $140,640.00
  • GRE: $112,387
  • NOI: $140,640.00
  • Operating Expense: $112,387.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $11,720.00

Property History for 0 River & Transit Street

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Price Change

MLS PIN #73430058

$1,198,000
Sep 25, 2025

Price Change

Rhode Island Association of REALTORS® #1392331

$1,198,000
Sep 12, 2025

Listed (Active)

MLS PIN #73430058

$1,275,000
Aug 11, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1392331

$1,275,000
Aug 4, 2025

Permanently Off Market

Rhode Island Association of REALTORS® #1388734

Jun 26, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1388734

$1,275,000
DateEvent & SourcePrice
09/25/2025

Price Change

MLS PIN #73430058

$1,198,000
09/25/2025

Price Change

Rhode Island Association of REALTORS® #1392331

$1,198,000
09/12/2025

Listed (Active)

MLS PIN #73430058

$1,275,000
08/11/2025

Listed (Active)

Rhode Island Association of REALTORS® #1392331

$1,275,000
08/04/2025

Permanently Off Market

Rhode Island Association of REALTORS® #1388734

06/26/2025

Listed (Active)

Rhode Island Association of REALTORS® #1388734

$1,275,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 River & Transit Street

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Globe Park School
PublicPK to 5

Woonsocket Middle @ Villa Nova
Public6 to 8

Woonsocket High School
Public9 to 12

Kevin K. Coleman School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

0 River & Transit Street is a multi-family home for sale in Woonsocket, RI 02895. This property was listed for sale on September 12, 2025 by BOND BROKERAGE, it's currently listed at $1,198,000. This listing's school district is Woonsocket School District. Nearby schools include Globe Park School, Woonsocket Middle @ Villa Nova and Woonsocket High School. 0 River & Transit Street is a 12-bed, 8-bath, 5,716 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BOND BROKERAGE

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.