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$650,000
25 Days On Site

243 251 Transit Street
Woonsocket, RI 02895

For Sale|Multi Family|Active
8
Beds
4
Total Baths
4
Full Baths
6,740
SqFt
$96
/SqFt
1922
Built
County:
Providence

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243 251 Transit Street243 251 Transit Street243 251 Transit Street243 251 Transit Street
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Seize this excellent investment opportunity in the heart of Woonsocket, RI! This freshly painted, well-maintained, fire coded, multi-family property generates a strong annual income of $71,040 with annual expenses of $53,190, offering a potential ROI of 10.98%. New roof! Laundry in building! Property also offers tenants ample off street parking with a detached 4 car garage! 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!

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Listing Snapshot
Price 
$650,000
Days On Site 
25 Days
Bedrooms 
8
Inside Area (SqFt) 
6,740 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
1922
MLS® Number 
1384862
Status 
Active
Property Tax 
$8,578
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.19
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking 
DetachedGarage
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
6740
SqFt Total 
6740
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water HeaterWater Heater
Basement 
FullInterior EntryUnfinished
Flooring 
LaminateOther
Heating 
OilSteamSpace Heater
Laundry Features 
Common Area
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Exterior Features
Construction Details 
PlasterOther
Exterior 
Balcony
Lot Features 
Corner Lot
Other Structures 
Outbuilding
Patio And Porch 
Deck
Community Features
Community Features 
GolfRestaurantSidewalks
Listing courtesy of Don Martone of Bond Brokerage 4019540270



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-06-07 02:55 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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