fbpx

330 Pawtucket Avenue Pawtucket

$820,000
0 5,000 sq ft

The Property

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.

Read more

Contact Associate

Listing Details

MLS Number

1336104

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Heating: Baseboard
  • Laundry
  • Type: Apartment,Multi Family
  • Year Built: 1920

Market Trends for Commercial Properties
in Pawtucket

  • Overview
    Homes for Sale Today44-85.3% decrease in inventory
    New on Market *10150% increase in new listings
    Avg. Asking Price/Sq.Ft. *$147.54$895 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$575,000$575,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *92.00%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$140.93$141 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *572572 increase 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

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!