$ 1,000,000

735 Broadway

Pawtucket, RI 02861

  • 12 Beds
  • 7 Baths
    Full Baths: 6 Half Baths: 1
  • 6,413 SqFt
  • 2,117 Lot Size
  • 1930 Year Built
Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.
Listed by Keller Williams Leading Edge , Sold By LPT Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $1,000,000

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 6, 413 sqft

    Price per Sqft $155

    MLS Listing ID 1403688

    Sold Date 04/17/26

    Style Stacked, Side By Side

    Bedrooms 12

    Full Baths 6

    Half Baths 1

    HOA Y/N No

    Abv Grd Liv Area 6,413

    Year Built 1930

    Annual Tax Amount $9,079

    Tax Year 2024

    Lot Size 2,117 Sqft

    Acres 0.0486

    Property Sub-Type Multi Family

  • Location

    State RI

    County Providence

  • Rooms

    Basement Full, Unfinished, Walk-Out Access

  • Building

    Sewer Connected, Public Sewer

    Water Connected, Public

    Architectural Style Stacked, Side By Side

    Structure Type Drywall,Plaster,Vinyl Siding

    New Construction No

  • Interior

    Interior Features Tub Shower

    Heating Gas

    Cooling None

    Flooring Ceramic Tile, Vinyl

    Fireplaces Type None

    Fireplace No

  • Exterior

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

    Utilities Available Sewer Connected

    Garage No

  • Others

    Senior Community No

    Tax ID 735BROADWAYPAWT

    Financing Conventional

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CONTACT

Spectrum Real Estate Consultants
Spectrum Real Estate Consultants

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