Here Realty
Listed by Here Realty
$2,900,000
157 181 Rathbun Street
Details
APN 157181RATHBUNSTWOON
Property Type Land, Multifamily
Sub Type Residential, Apartment Building
Square Footage 17,246
Units 3
Year Built 1900
Buildings 4
Lot Size (SqFt) 30,492
Zoning R4
Parking Spaces 50 spaces
Parking Per SqFt 2.90
Land | 30,492 SqFt
Marketing description
Stabilized cash flow, built-in upside, and the kind of scale serious investors move on fast. Four buildings, 23 units, and a 50-car parking lot delivering $31,000/month ($372,000 annualized) with stable income from day one. With an achievable rent roll of $34,225/month, there's over $38,000 in annual upside already baked in — value-add potential without the heavy lift. The unit count supports real economies of scale, the parking differentiates the asset, and Woonsocket's proximity to Providence keeps rental demand consistent. This is the kind of stabilized, cash-flowing portfolio with clear growth runway that doesn't stay available long.
Listing Contacts
Here Realty
Listed by Here Realty
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Zoning
R-4 ResidentialMulti FamilyHigh Density Single And Multi Family Residential
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View all 102 uses Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics
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