715 Cottage St, Pawtucket, RI 02861

Beds
11
Baths
6
Sqft
5,664

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Listed byNew England Apartment Group
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Overview

715 Cottage Street is a cash-flowing, six-unit multifamily property built in 1988 that is generating $11,025/month ($132,300 annually) in Pawtucket, RI. The unit mix of one large 1-bedroom and five very large 2-bedroom units is largely updated four of the six units have been renovated, with new kitchens featuring granite countertops, cabinetry, and stainless steel appliances. In-place rents range from $1,750 to $1,950 per month, and even the unrenovated units are producing strong income. Building improvements include five new hot water tanks and roughly 90% of windows replaced, and because tenants pay their own utilities, the Property runs on low operating expenses. Priced at $1,300,000, the offering pairs stable cash flow with a straightforward value-add path. Financials and rent roll available upon request.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
11
Number of bathrooms
6
Square feet
5,664
Lot size (acres)
0.23
Year built
1988

Exterior features

Area amenities
Golf Course
Horse amenities
Stable

Utilities

Heating
Baseboard, Natural Gas
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$12,436

Public schools

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Sourced from: StateWide MLS MLS®#: 1417450 Last checked:

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