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0 River & Transit St, Woonsocket RI 02895 – 12 bed 8 bath For Sale – 73430058

$ 1,275,000
0 River & Transit St, Woonsocket RI 02895,

Overview

  • Updated On:
  • September 13, 2025
  • listingid
  • 73430058
  • 12 Bedrooms
  • 8 Bathrooms
  • 4 Garage Spaces
  • 14 Non-Garage Parking Spaces
  • 1900

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: 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!

This property is listed by Donald Martone from BOND BROKERAGE

Property Listing Details

Overview

MLS Status
Price $ 1,275,000
Living Area 5,716.00 ft2
Bedrooms 12
Total Rooms 30
Listing MLS ID 73430058
Days on Market 1
Bathrooms 8

Unit Information

Bedrooms 12
Full Bathrooms 8
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 14
Garage Parking 4
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Certified Treated
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features Porch
Parking Features Off Street, Common
Waterview Features
Flooring

Building Information

Building Name
Units in Building 8
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame, See Remarks
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof Shingle

Additional Details

Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other
Disclosures
Last Updated September 13, 2025 at 11:36am
Building Area Source Other
MLS PIN Page
Parcel Number
Original List Price 1275000
Listing Office bond brokerage
Tax Annual Amount 15263
Tax Assessed Value 742600
Tax Book Number 0
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning MU1 & R3
Listing Agent donald martone

Property Address

Address: 0 River & Transit St, Woonsocket RI 02895
State/County:
Zip: 02895
Country: United States

Amenities and Features

Other Features
Balcony
Has Garage

Payment Calculator

$ 7,305.42
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,115.42

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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0 River & Transit St, Woonsocket RI 02895 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

0 River & Transit St, Woonsocket RI 02895 – 12 bed 8 bath For Sale – 73430058

$ 1,275,000

Status:

0 River & Transit St, Woonsocket RI 02895, , , 02895

Country: United States

Property Overview

MLS #: 73430058

Type: /

Action:

Year Built: 1900 (Approximate, Source: Public Records, Effective: )

Living Area: 5,716.00 ft2 (Total: 5716 Square Feet, Source: Other)

Lot Size: 0.30 ft2 (Area: 0.3 Acres, SqFt: 13068)

Total Rooms: 30

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 12 (Main Level: )

Bathrooms: Total: 8 (Full: 8, Half: 0, Decimal: 8, Main Level: )

Basement:

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame, See Remarks

Foundation: Concrete Perimeter, Stone, Brick/Mortar, Other (Area: )

Roof: Shingle

Stories: 2 (2)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: 150 Amp Service (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 4

Covered Spaces: 4

Parking Total: 14

Parking Features: Off Street, Common

Pool:

Spa:

Patio/Porch: Porch

Fencing:

Lot Features: Corner Lot, Easements, Gentle Sloping

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: MU1 & R3 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property 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: 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!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 8

Units Owner Occupied:

Unit 1: Beds: 4, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 5800, Lease: Y

Unit 2: Beds: 8, Full Baths: 4, Half Baths: 0, Levels: 1, Rent: 5920, Lease: Y

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 15263 (Year: 2025)

Tax Assessed Value: 742600

Tax Block/Lot/Book/Map: / 148&9 / 0 / 8&16

Parcel Number:

Special Licenses:

Current Financing:

Gross Income: 140640 (Scheduled: )

Net Operating Income: 140640

Operating Expense: 112387 (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: Yes

Tenant Pays:

Rent Includes:

Total Actual Rent: 11720

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Donald Martone (MLS ID: CN233441) / Team: CN233441

Listing Office: BOND BROKERAGE (MLS ID: AN8561)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-09-12

Expiration Date: 1900-01-01

Original List Price: 1275000

Price Per SqFt (List): 223.06

Market Time (Property): 1 (Broker: 1, Prev Broker: 0, Prev Property: 0)

MLS Status: New

Possession:

Directions: Actual Property Addresses are: 372 River St & 243 Transit St Woonsocket RI

Disclosures: , Y

Lead Paint: Certified Treated

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: Licensee Estimated (Incl. Base: No, Other: )

Master Book/Page: / (Page: 0)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2458167

Modification Timestamp: September 13, 2025 at 11:36am

Bridge Modification Timestamp: September 13, 2025 at 11:37am

Original Entry Timestamp: September 12, 2025 at 02:15pm

Status Change Timestamp: September 12, 2025 at 02:15pm

Off Market Date:

Development Status:

Business Type:

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