10 - 26 Saratoga Avenue Pawtucket

$2,150,000
18 10.5 8,578 sq ft

The Property

Opportunity to own a two-building, brick nine-unit multifamily package at 10 Saratoga Street (built 2008) and 26 Saratoga Street (built 1988) in Pawtucket, RI. This is a cash-flowing asset generating $18,235/month ($218,820 annually). The all 2-bedroom mix includes three premium, fully renovated townhouse style 2BR/1.5-bath units commanding $2,375–$2,495 per month, alongside six 2BR/1-bath apartments. Renovated units showcase granite countertops, stainless steel appliances (including dishwashers), new cabinetry, new bathroom vanity, new flooring, and central air conditioning runs throughout every unit.

Because tenants pay their own heat, hot water, and electricity, owner operating expenses stay low — supporting a 7.0% in-place cap rate that rises to 7.5% at market. A new roof, replacement windows across half the property, and ample parking (including a large rear lot) round out a turnkey, low-maintenance asset. Priced at $2,150,000, the offering pairs immediate cash flow with additional upside. Financials and rent roll available upon request.

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Listing Details

MLS Number

1416349

Lot Size:

0.40 acres

Features

  • Basement: Full, Interior Only, Unfinished, Laundry
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Central
  • Heating Fuel: Natural Gas, Central
  • Year Built: 1988

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Market Trends for Single Family Homes
in Pawtucket

  • Overview
    Homes for Sale Today95-93.9% decrease in inventory
    New on Market *78-8.2% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$280.00$10 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$520,216$72,918 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.53%-3.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$268.73$39 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *665 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by New England Apartment Group
Phone: 508-330-0325

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