372 River St

Woonsocket, RI 02895

$599,000
Price
4
Beds
5,208 Sq. Ft.
$115 / Sq. Ft.
5,208
Sq. Ft.
$115
per Sq. Ft.

Description

Update 12/4/2025 two newly renovated units!" Seize this 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. Ideal for both seasoned investors...Update 12/4/2025 two newly renovated units!" Seize this 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. 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
  1. Listed by Don Martone • Brokerage DRE #REB.0018968 • Bond Brokerage
    P: (401)-954-0270 martonemoves@gmail.com

Amenities

  • Baseboard Heating
  • Basement
  • Ceramic Floors
  • Full Basement
  • Gas Heat
  • Golf Course Community
  • Gym
  • Laminate Floors
LISTING UPDATED: 12/04/2025 03:07 PM

Property Details for 372 River Street

StatusActive
MLS #1393018
Days on Market112
Taxes$6,685 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.11 AC / 4,792 SF
CountyProvidence County

Location

Listing Courtesy of Bond Brokerage
Add your commute

Building Information for 372 River Street

Stories2Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$3,517 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,960

Property Taxes

$557

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 372 River Street

Summary
Location and General Information
  • City: Woonsocket
  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Sidewalks
  • Postal City: Woonsocket
  • Postal Code: 02895
  • Postal Code Plus4: 2943
  • State Or Province: RI
  • Zoning: MU1
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 10
Taxes and HOA Information
  • Tax Annual Amount: $6,685.00
  • Tax Assessed Value: 328100
  • Tax Lot: 148
  • Tax Map Number: 8
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 5208.0
  • Building Area Total: 5208.0
  • Living Area Source: Public Records
  • Lot Features: Paved
  • Lot Size Acres: 0.11
  • Lot Size Area: 4792.0
  • Lot Size Square Feet: 4792.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 372376RIVERSTWOON
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • Business Type: Other
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 2,286,662,830
Utilities
  • Electric: Amps150
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Combination
Interior Features
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Laminate, Other
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Rooms Total: 12
  • Window Features: Thermal Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $52,196.00
Unit 1 Information
  • Actual Rent: $1,450.00
  • Unit Type Area: 651.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,450.00
  • Unit Type Area: 651.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,450.00
  • Unit Type Area: 651.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,450.00
  • Unit Type Area: 651.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 372 River Street

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Price Change

Rhode Island Association of REALTORS® #1393018

$599,000—
Aug 19, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1393018

$629,000—
Aug 4, 2025

Permanently Off Market

Rhode Island Association of REALTORS® #1384927

—
Jul 8, 2025

Price Change

Rhode Island Association of REALTORS® #1384927

$629,000—
May 13, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1384927

$650,000—
Sep 7, 2000

Sold (Public Record)

Public Record #171366320

$50,000—
DateEvent & SourcePrice
09/25/2025

Price Change

Rhode Island Association of REALTORS® #1393018

$599,000
08/19/2025

Listed (Active)

Rhode Island Association of REALTORS® #1393018

$629,000
08/04/2025

Permanently Off Market

Rhode Island Association of REALTORS® #1384927

—
07/08/2025

Price Change

Rhode Island Association of REALTORS® #1384927

$629,000
05/13/2025

Listed (Active)

Rhode Island Association of REALTORS® #1384927

$650,000
09/07/2000

Sold (Public Record)

Public Record #171366320

$50,000

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

Public Records for 372 River Street

Taxable ValueLand$58,300Additions$269,800Total$328,100
Tax Record2025$3,685 ($307 / month)
Home Facts
Baths4Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtUnfinished Basement SqFt1,302 SqFtStories2Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningMU1CountyPROVIDENCEAPNWOON M:8D L:148 U:37

Schools near 372 River Street

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Harris School
Public - K to 5
Woonsocket Middle @ Villa Nova
Public - 6 to 8
Woonsocket High School
Public - 9 to 12
Kevin K. Coleman School
Public - K to 5
Rating
School
Distance
Harris School
PublicK 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.

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More information about 372 River Street, Woonsocket, RI 02895

372 River Street is a multi-family home for sale in Woonsocket, RI 02895. This property was listed for sale on August 19, 2025 by Bond Brokerage, it's currently listed at $599,000. It has been on the market for a total of 112 days and was last sold on September 7, 2000. This listing's school district is Woonsocket School District. Nearby schools include Harris School, Woonsocket Middle @ Villa Nova and Woonsocket High School. 372 River Street is a 4-bed, 4-bath, 5,208 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 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.