$659,000

About this home

668 Grove Street offers investors a fully tenanted, cash-flow-positive multi-family asset in Woonsocket, RI, delivering a 6–6.5% cap rate. The property carries a current Lead Certificate, removing a common compliance hurdle and reducing liability exposure for the buyer. Recent capital improvements — including four new hot water tanks — help minimize near-term deferred maintenance and unexpected repair costs. A rear 6-stall garage adds further upside, offering dry storage space with income potential beyond the residential units. With reliable in-place cash flow and a well-maintained mechanical profile, 668 Grove Street is a compelling opportunity for investors seeking stable returns with minimal immediate capital outlay. Please note: Interested parties should be prepared to discuss and provide proof of their financing and timeline prior to any detailed P&L or financial information being shared. All reasonable offers will receive consideration.

Property facts

Property type

Multi Family

Year built

1922

Lot size (acres)

0.29

Total rooms

16

Garage spaces

6

Total parking

12

Annual taxes

$10,687.64

Tax year

2026

Neighborhood

Bernon

County

Providence

Features

Heating

Natural Gas, Baseboard, Gas on Gas

Cooling

None

Basement

Full, Interior and Exterior, Unfinished, Common, Laundry, Storage Space, Utility, Workout Room

Appliances

Dishwasher, Microwave, Oven, Range, Refrigerator, Washer, Electric Water Heater

Interior

Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Wall (Wood), Attic, Plumbing (Mixed), Insulation (Unknown)

Fireplace

None

Parking

Detached

Construction

Dry Wall, Paneled, Plaster, Wood Wall(s), Shingles, Wood

Sewer

Public Sewer

Water

Municipal

Community

Bus, Commuter Bus, Highway Access, Interstate, Private School, Recreational Facilities, Restaurants, Schools, Shopping

Lot

Paved Driveway, Sidewalks

Location