Pawtucket, RI 02860,330 Pawtucket AVE
Pawtucket, RI 02860,330 Pawtucket AVE
Pawtucket, RI 02860,330 Pawtucket AVE
9
$820,000
$899,900
8.9%
Est.Price: ?

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5,000 Sqft Lot

330 Pawtucket AVE Pawtucket, RI 02860

Est. payment /mo
SOLD DATE : 10/06/2023

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $820,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1336104

Year Built 1920

Annual Tax Amount $12,078

Tax Year 2022

Lot Size 5,000 Sqft

Property Sub-Type Commercial

Property Description

Priced to sell at $100K a unit - great deal! Back on market due to sale of buyer's property falling through! Properties like 330 Pawtucket aren't available for sale often. This is a rare 9-unit building with (9) one-bed/one-bath units in an excellent area of Pawtucket. With a current gross income of $106,020 and pro-forma gross income of $140,000+, this asset offers a unique investment opportunity for those seeking to expand their portfolio in the booming Pawtucket real estate market. There is significant upside in the rent roll as well as value-add potential for the next owner. Current rents are below market, estimated market rents are 35-40% higher. Coin-Op for an additional $1,810 per year. Building is 100% occupied and units are in great condition. New Navien heating systems in 2020. New roof in 2021. New sewer piping in 2022. Fully compliant with a local fire alarm system. Reach out directly to the listing agent for a private tour.

Location

State RI

County Providence

Interior

Heating Baseboard

Cooling Window Unit(s)

Laundry Common Area

Exterior

Community Features Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks

Utilities Available Natural Gas Connected, Sewer Connected

Building

Sewer Connected, Public Sewer

Water Connected, Public

New Construction No

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Listed by New England Apartment Group
Bought with Non-Mls Member
Eric Coury

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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