$599,000
Unlock Price Rating!

243 Transit Street 251, Woonsocket, RI 02895

8 Beds
4 Baths
6,740 Sq Ft

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! Can also be sold as a package MLS # 1392331

  • MLS# 1393027
  • Date Listed08/19/2025
  • Days on Realty 92 Days
  • Bedrooms 8
  • Bathrooms 4 Full baths
  • Lot Size 0.19 acres (8,276 sq. ft)
  • Sewer Public Sewer
  • Subdivision Blackstone
  • Property Type Multi Family
  • County Providence
  • Year Built 1922
  • Water Public
  • Square Feet 6,740 sq. ft
  • Price Per Sq. Ft $88.87

Interior Features

  • Appliances Gas Water Heater, Water Heater
  • Flooring Laminate, Other
  • Cooling None
  • Heating Oil, Steam, Space Heater

Exterior / Lot Features

  • Exterior Balcony, Outbuilding
  • Roof -
  • Lot Size Acres 0.19
  • Lot Size SQFT 8,276.00
  • Lot Features Corner Lot

Financial Considerations

  • Tax Amount $8,578
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in RI / 02895

Source: Walkscore

67/100

Somewhat Walkable

Walk Score ®

29/100

Some Transit

Transit Score ®

16/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

3 nearby routes: 3 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 4/100, Bike Score: 21/100.

Property Change History

Agent added 5 new photos to the listing
611 photos
List Price decreased from $629,000 to $599,000
Price Per Square Foot decreased from $93.32 to $88.87

Points of Interest near 243 Transit Street 251, Woonsocket, RI 02895

Frequently Asked Questions for 243 Transit Street 251

Source: Realty.com

243 Transit Street 251, Woonsocket, RI 02895 is a Multi Family, Residential Income property listed for $599,000 The property is 6740 sq. ft with 8 bedrooms and 4 bathrooms

Realty.com has 11 photos of 243 Transit Street 251.

Our records indicate that 243 Transit Street 251 was built in 1922.

The full address for this home is 243 Transit Street 251, Woonsocket, RI 02895.

243 Transit Street 251 has been listed on Realty.com since Tue August 19, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 4/100, Bike Score: 21/100.

There are 3 schools assigned to this home. Check out the schools near 243 Transit Street 251. Pothier-citizens Elementary Campus (Grades: PK - 2), Woonsocket Middle School At Villa Nova (Grades: 6 - 8), Beacon Charter School (Grades: 9 - 12)

Listing provided courtesy of: Bond Brokerage (tel: 401-533-1021)
Listing agent: Donald Martone (tel: 401-954-0270) (#35470)

This content last refreshed on 2025-11-19 11:59:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 243 Transit Street 251, Woonsocket, RI 02895 : MLS# 1393027