5 Nickerson Street Pawtucket

$749,900
14 5 5,179 sq ft

The Property

Rare Multi-Building Investment Opportunity Offering Two Properties on One Lot

Opportunities like this are hard to find. Situated on a single lot, this unique offering includes an expansive 8-bedroom single-family home with grandfathered rooming-house status and a separate 2 Family Multi- featuring two 3-bedroom, 1-bath units.

Whether you’re an investor seeking strong income potential, a developer looking for your next project, or a buyer with a vision for value creation, this property offers exceptional possibilities. The flexible layout and multiple dwelling units provide numerous options for rental income and future use, subject to buyer due diligence.

Conveniently located near shopping centers, public transportation, the new train station, and major highways, the property offers excellent accessibility for residents and commuters alike.

Property being sold strictly as-is. Proof of funds required prior to all showings.

Don’t miss this rare opportunity to add a high-potential asset to your portfolio

Read more

Listing Details

MLS Number

1416380

Lot Size:

0.09 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Heating: Oil, Steam
  • Heating Fuel: Oil, Steam
  • Year Built: 1880

Market Trends for Single Family Homes
in Pawtucket

  • Overview
    Homes for Sale Today94-94.1% decrease in inventory
    New on Market *64-26.4% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$324.98$43 increase in List Price/Sq.Ft.
    Avg. Sale Price *$479,660$21,476 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.82%-3% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$285.32$1 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *610 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.

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