Address
284 Lonsdale Ave, Pawtucket, RI
Price
$ 750,000
Property Attributes
- MLS#73206552
- TypeMulti-Family
- CountyPROVIDENCE
- CityPawtucket
- Zip02860
- Style5+ Family - 5+ Units Up/Down
- Year Built1920
- Taxes$ 8919
- Price$ 750,000
- Bedrooms9
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage4176
- Lot Size5,227 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Exceptional opportunity to own a very well maintained 6-unit building in Pawtucket. Featuring a mix of (3) one-bedroom and (3) two-bedroom units, with five of the six units having undergone renovations, this property offers a seamless turn-key investment opportunity. Additionally, the partially finished basement presents the potential for a seventh unit, adding further upside to the property. The property features coin-operated laundry in the basement, providing an additional income stream. With a history of consistently high occupancy, this property offers stability. There are also 7-8 parking spaces. Nestled within an Opportunity Zone, this investment presents compelling financial prospects, with ample room for value appreciation and rent escalation. Ideal for investors seeking a lucrative, cash-flowing asset with significant upside potential, this property promises both immediate returns and long-term growth. Reach out today for a private tour and financials.
| Price History | |
|---|---|
| 2/28/2024 | Listed $750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | RM |
| Year Built | 1920 |
| Electric | Individually Metered |
| Property SubType | 5+ Family - 5+ Units Up/Down |
| Tax Year | 2024 |
| Gross Income | 74088 |
| County | Providence |
| Net Operating Income | 49323 |
| Operating Expense | 24765 |
| Insurance Expense | 3389 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 33 |
| Status | Active |
| Directions | 284 Lonsdale |
| City | Pawtucket |
| Senior Community Y/N | No |
| Total Units | 6 |
| Lot Size Square Feet | 5192 |
| Waterfront Y/N | No |
| Street Name | Lonsdale Ave |
| Year Built Details | Actual |
| Tax Annual Amount | 8919 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 3955 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 300800 |
| Total Actual Rent | 6050 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | Yes |
Interior Features
| Basement | Full,Partially Finished |
|---|---|
| Total Stories | 9 |
| Fireplace Y/N | No |
| Full Baths | 6 |
| Total Bedrooms | 9 |
| Total Baths | 6 |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Public |
| Total Parking | 7 |
| Lot Size Area | 0.12 |
| Foundation Details | Concrete Perimeter |
| Spa | No |
| Building Area Total | 4176 |
| Lot Size Acres | 0.12 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 02860
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than NextHome Soundings Realty are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor NextHome Soundings Realty shall be responsible for any typographical errors, misinformation, or misprints and shall
