Pawtucket, RI 02861,735 Broadway
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Pawtucket, RI 02861,735 Broadway
Pawtucket, RI 02861,735 Broadway
Pawtucket, RI 02861,735 Broadway
Pawtucket, RI 02861,735 Broadway
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Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

+1(401) 334-3334
$ 1,050,000
Est. payment /mo
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735 Broadway Pawtucket, RI 02861

12 Beds

6.5 Baths

6,420 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 6,420 sqft

Price per Sqft $163

MLS Listing ID 73471060

Bedrooms 12

Full Baths 6

Half Baths 1

Year Built 1930

Annual Tax Amount $9,079

Tax Year 2024

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

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.

Location

State RI

County Providence

Zoning RES

Direction USE GPS

Interior

Flooring Tile, Vinyl

Exterior

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Keller Williams Realty Leading Edge
Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

Admin

+1(401) 334-3334

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735 Broadway