60 Esten & 61 Vale Avenue, Pawtucket, RI, 02860
72 rooms
24 beds
12 Full baths
1991
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area,In Unit
Units:
4
Garage:
No Garage
Heating:
Baseboard, Gas
Cooling:
None
Basement:
None
Parking:
28-car
Acreage:
0.44
Est. Taxes:
$28,436
Assessment
$1,235,200
Construction
Vinyl Siding
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
Days on Market:
10
Appliances:
Gas Water Heater
MLS #:
1416396
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2026 State-Wide MLS, Inc. All rights reserved.
Listing courtesy of New England Apartment Group 508-330-0325