8 12 King Street,Pawtucket, RI 02860
Pawtucket, RI 02860
Description
This well-maintained multi-family property in Pawtucket features two buildings comprising five rental units. The front building includes three spacious 3-bedroom units, while the rear building offers two comfortable 2-bedroom units. Each unit is currently occupied by long-term tenants, providing a stable income stream for potential investors. The property also boasts updated parking facilities, enhancing convenience for residents. With a positive cap rate, this investment opportunity is ideal for those looking to expand their real estate portfolio in a growing area. The strategic layout and consistent occupancy make it a solid choice for both seasoned and new investors alike. ### Highlights - Two buildings with five rental units total. - Front unit: three 3-bedroom apartments. - Rear unit: two 2-bedroom apartments. - Updated parking facilities available. - Long-term tenants in place ensure stable income. - Positive cap rate appealing to investors.
Details
| MLS # | 1415838 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 135 |
| Listing Provided By | Century 21 Gonsalves - Pastore | Robin Pastore |
Features
| SQ Feet | 4,550 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 1 |
| Building(s) | 2 |
| Acreage | 0.11 |
Interior
| Heating | Baseboard, Forced Water, Gas Connected |
|---|---|
| Heating Yes / No | Yes |
| Furnished | Unfurnished |
| Laundry Features | In Building |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Lot Features | Free Standing |
| Community Features | Bus, Commuter Bus, Highway Access, Interstate, Private School, Public School, Railroad, Restaurants, Schools |
| Construction Materials | Frame |
Utilities
| Utilities | Natural Gas Connected |
|---|---|
| Sewer | Connected |
| Electric | 100 Amp Service, Circuit Breakers |
| Gas | Connected |
Location
| Community Features | Bus, Commuter Bus, Highway Access, Interstate, Private School, Public School, Railroad, Restaurants, Schools |
|---|
Taxes
| Tax Annual Amount | 15221 |
|---|---|
| Tax Assessed Value | 661500 |
| Tax Lot | 169 |
| Tax Year | 2026 |
Area Information
| State | RI |
|---|---|
| County | Providence |
| City | Pawtucket |
| Zip Code | 02860 |
| Area | Providence |
| Listing VS Median (in 02860) | |
Price: $849,900 low | high Med: $436,950 sqft: 4,550 low | high Med: 1,781 $ / sqft: $187 low | high Med: $289 On site: 135 low | high Med: 87.5 | |
Market Activity 02860
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Learn More About This Property
| State | RI |
|---|---|
| County | Providence |
| City | Pawtucket |
| Zip Code | 02860 |
| Area | Providence |
| Listing VS Median (in 02860) | |
Price: $849,900 low | high Med: $436,950 sqft: 4,550 low | high Med: 1,781 $ / sqft: $187 low | high Med: $289 On site: 135 low | high Med: 87.5 | |
