60 Esten & 61 Vale Ave, Pawtucket, RI 02860
- Beds
- 24
- Baths
- 12
- Sqft
- 12,704
- Pool
- Yes
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Overview
This impressively renovated twelve-unit offering at 60 Esten Street and 61 Vale Street in Pawtucket consists of two 1991-built buildings, each with six large 2-bedroom units. The Property currently generates $23,225 in monthly rental income ($278,700 annually) with clear upside to a market level of $26,400/month approximately 14% as units turn. In-place rents range from $1,500 to $2,125 per month, with the renovated units achieving $2,075 to $2,125 and a market target of $2,200 across the board. Eight of the twelve units have been fully renovated with brand-new kitchens featuring high-end cabinetry, granite countertops, and stainless steel appliances, plus new flooring and fully updated bathrooms; six of those include in-unit washer/dryer (four at Esten, two at Vale), a standout amenity that commands premium rents. The remaining units are clean, well-maintained, and already achieving strong rents, offering a clear path to additional income. Key capital improvements are in place, including new boilers in both buildings, new windows on roughly half the Property, painted hallways, and new rubber stair treads, minimizing short-term capital expenditure. Ideal for an investor seeking large, well-renovated units, proven income, and one of the strongest rent-growth profiles available.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 24
- Number of bathrooms
- 12
- Square feet
- 12,704
- Lot size (acres)
- 0.44
- Year built
- 1991
Interior features
- Laundry
- Laundry Room, In Unit Washer/Dryer, Common Area, In Unit
Exterior features
- Pool
- Yes
- Area amenities
- Golf Course
Utilities
- Heating
- Baseboard, Natural Gas
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $28,436
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: StateWide MLS MLS®#: 1416396 Last checked: …

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