409-415 Rathbun St

Woonsocket, RI 02895

$979,000
Price
17
Beds
6,000 Sq. Ft.
$163 / Sq. Ft.
6,000
Sq. Ft.
$163
per Sq. Ft.
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New
New

Description

Exceptional investment opportunity! Rare offering featuring 2 buildings on 1 lot with a total of "5 RESIDENTIAL UNITS" in a convenient Woonsocket location. The Front Building is a SIDE-BY-SIDE DUPLEX, each offering 4 bedrooms, 1.5 baths, with one first-floor bedroom, three second-floor bedrooms, spacious layouts, in-unit laundry, unfinished basement storage, and bright living spaces. Both units are well maintained and currently rented at $2,200/month each, with future upside potential. The Rear Building...Exceptional investment opportunity! Rare offering featuring 2 buildings on 1 lot with a total of "5 RESIDENTIAL UNITS" in a convenient Woonsocket location. The Front Building is a SIDE-BY-SIDE DUPLEX, each offering 4 bedrooms, 1.5 baths, with one first-floor bedroom, three second-floor bedrooms, spacious layouts, in-unit laundry, unfinished basement storage, and bright living spaces. Both units are well maintained and currently rented at $2,200/month each, with future upside potential. The Rear Building is a fully renovated 3 FAMILY, currently vacant and ready for immediate occupancy or lease-up. Each unit features 3 bedrooms, 1 full bath, spacious living and dining areas, a functional kitchen, and abundant natural light. Estimated market rent is approximately $2,000/month per unit. With projected gross rental income of approximately $10,500/month once fully leased, this property offers outstanding cash flow potential for investors while also presenting an excellent owner-occupant opportunity. Additional highlights include ample off-street parking, spacious unit layouts, separate buildings for added privacy, and a desirable location close to shopping, restaurants, schools, parks, and major commuter routes. A rare chance to own a versatile, income-producing property with immediate upside potential.
  1. Listed by Talib Hussain • Keller Williams Elite

Property Details for 409-415 Rathbun Street

Town
Woonsocket
Area
RI-Woonsocket
Garage Spaces
0
Open Parking Spaces
5.00
Parking Spaces Total
5
LISTING UPDATED: 07/28/2026 11:40 AM

Property Details for 409-415 Rathbun Street

StatusNew
MLS #73555723
Days on Market1
Taxes$7,074 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1910
CountyProvidence County
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Location

Listing Courtesy of Keller Williams Elite
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Building Information for 409-415 Rathbun Street

Stories8Residences4Year Built1910Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

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$5,566 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,976

Property Taxes

$590

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 409-415 Rathbun Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
  • Living Area: 6000.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 7.0
  • Num of Full Baths: 5
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Hardwood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 110 Volts
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Certain images have been digitally enhanced.
Tax Information
  • Assessments: $629,900
  • Book: 21B
  • Tax Year: 2025
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 17
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
  • Levels: 8
Income / Expenses
  • GOI: $124,800.00
  • NOI: $124,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 3
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,400.00

Property History for 409-415 Rathbun Street

DateEvent & SourcePriceAppreciation
Jul 28, 2026

Listed (Active)

MLS PIN #73555723

$979,000—
DateEvent & SourcePrice
07/28/2026

Listed (Active)

MLS PIN #73555723

$979,000

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

Schools near 409-415 Rathbun Street

This home is within Woonsocket School District.
Rating
School
Type
Grades
Distance
Pothier-Citizens Elementary Campus
Public - PK to 5
Woonsocket Middle @ Villa Nova
Public - 6 to 8
Woonsocket High School
Public - 9 to 12
Woonsocket Middle at Hamlet
Public - 6 to 8
Rating
School
Distance
Pothier-Citizens Elementary Campus
PublicPK to 5

Woonsocket Middle @ Villa Nova
Public6 to 8

Woonsocket High School
Public9 to 12

Woonsocket Middle at Hamlet
Public6 to 8

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 409-415 Rathbun Street, Woonsocket, RI 02895

409-415 Rathbun Street is a multi-family home for sale in Woonsocket, RI 02895. This listing's school district is Woonsocket School District. Nearby schools include Pothier-Citizens Elementary Campus, Woonsocket Middle @ Villa Nova and Woonsocket High School. 409-415 Rathbun Street is a 17-bed, 7-bath, 6,000 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Elite

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.