For sale

Price cut: $30K (9/25)

$599,000

372 River St #376, Woonsocket, RI 02895

4beds

2,604sqft

Est.:

Multi Family

Built in 1900

-- sqft lot

$593,600 Zestimate^®

$230/sqft

$-- HOA

What's special

Ample off street parkingNew roofNewly renovated units

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

114 days

152

8

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Baseboard, Gas Connected

Cooling

None

Appliances

Laundry: Off Site

Features

Flooring: Ceramic Tile, Laminate, Other
Windows: Insulated Windows
Basement: Full,Interior and Exterior,Unfinished,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 5,208
Total interior livable area: 2,604 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 10
Parking features: No Garage

Features

Stories: 2

Lot

Size: 4,791.6 Square Feet
Features: Paved, Sidewalks

Details

Foundation area: 1302
Zoning: MU1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Mixed

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 150 Amp Service
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping

HOA

Has HOA: No

Location

Region: Woonsocket

Financial & listing details

Price per square foot: $230/sqft
Annual tax amount: $6,685
Date on market: 8/19/2025
Total actual rent: 5800
Tenant pays: Hot Water, Heat

Estimated market value

$593,600

$564,000 - $623,000

Not available

Price history

Date	Event	Price
9/25/2025	Price change	$599,000-4.8%$230/sqft
Source: StateWide MLS RI #1393018 Report a problem
8/19/2025	Listed for sale	$629,000$242/sqft
Source: StateWide MLS RI #1393018 Report a problem
8/4/2025	Listing removed	$629,000$242/sqft
Source: StateWide MLS RI #1384927 Report a problem
7/8/2025	Price change	$629,000-3.2%$242/sqft
Source: StateWide MLS RI #1384927 Report a problem
5/13/2025	Listed for sale	$650,000$250/sqft
Source: StateWide MLS RI #1384927 Report a problem