New Listing - 07/09/2026
715 Cottage Street, Pawtucket, RI, 02861
36 rooms
11 beds
6 Full baths
1988
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.
Status:
Active
Type:
Multi-family
Units:
4
Garage:
No Garage
Heating:
Baseboard, Gas
Cooling:
Window Unit(s)
Basement:
None
Parking:
8-car
Acreage:
0.23
Est. Taxes:
$12,436
Assessment
$540,500
Construction
Vinyl Siding
Utilities
Sewer Connected
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
Appliances:
Water Heater
MLS #:
1417450
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of New England Apartment Group 508-330-0325