10 Saratoga Ave, Pawtucket, RI 02861

Beds
18
Baths
12
Sqft
8,578
Pool
Yes

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Listed byNew England Apartment Group
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
18
Number of bathrooms
12
Square feet
8,578
Lot size (acres)
0.40
Year built
1988

Interior features

Basement
Yes, Finished
Laundry
Laundry Room

Exterior features

Pool
Yes
Area amenities
Golf Course

Utilities

Heating
Central, Natural Gas
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$20,961

Public schools

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Sourced from: StateWide MLS MLS®#: 1416349 Last checked:

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