1088 Diamond Hill Rd

Taxes: $5,500 (2025)

About this home

Discover a prime investment opportunity in this 4-family multi-family home located in the heart of Woonsocket, Rhode Island offering strong cash flow and investment potential. Four units: two 2-bed/1-bath ($1,200/month each) and two 1-bed/1-bath ($1,000/month each), totaling $4,400/month gross ($52,800/year). City water & sewer, natural gas heat, individually metered electric utilities. Spacious eat-in kitchens with wood cabinetry and appliances, hardwood/laminate floors, natural light, and functional baths. Basement laundry area with washer/dryer Oversized detached 4-car garage plus 8 off-street paved driveway spots for ample parking/storage. Conveniently located near schools, amenities. Quick access to Route 146 and 295, offering seamless commutes to Providence, Worcester, and major employment hubs. Ideal for investors or owner-occupants—solid net income with minimal expenses. Appointment required for showings due to occupied units. Showings will be grouped together.

Property details

Road type

Public, Paved, Publicly Maint.

Basement

Full, Interior Access, Unfinished Basement

Electric

Circuit Breakers, 100 Amps, Individually Metered