41.871025 -71.401505
$739,900
Active
14,500Lot Size
Commercial/Business in Pawtucket
Property is an 8 unit multifamily located in Pawtucket, Rhode Island on quiet Grotto Avenue. The 7,526 sq.ft building was built in 1990 with each unit containing two bedrooms, bathroom, kitchen and living room. Building is 100% occupied with minimum turnover and a wait list for potential tenants. Other amenities include coin-op laundry and on-site parking (2 spaces per unit). The property is well located near downtown Pawtucket within minutes to Route I-95 (30 minutes to I-93), 146 and the East Side of Providence. Local attractions include Foolproof Brewing Company, Narragansett Brewery, The Met along with numerous restaurants and pubs. Property has been well maintained with renovations and updates apparent throughout. The current rents are currently below market.
Courtesy Of Peter M. Scotti & Assoc.,Inc.

Main Features

  • Listing Status: Active
  • Year Built: 1990
  • County: Providence
  • Taxes: $12,668.00
  • Subdivision: Woodlawn
  • MLS Number:1242663

Additional Features

  • Cooling:
    • Individual Unit
  • Laundry:
    • Common
  • Building Description:
    • Livable
  • Building Features:
    • Laundry Room
  • Loading Dock:
    • None
  • Location:
    • Urban
  • Type:
    • Multi Family
  • Basement Details:
    • Full
  • Foundation:
    • Concrete
  • Acres:
    • 0.33
  • Close To:
    • Bus
    • Commuter Bus
    • Highway Access
    • Interstate
    • Schools
  • Electric:
    • 100 Amps
  • Heating System:
    • Gas Connected
  • Sewer:
    • Connected
  • Utilities:
    • Electric
    • Gas
    • Gas Connected
    • Municipal Water
  • Number of Buildings:
    • 1
  • Road:
    • Municipal
  • Water:
    • Connected
  • Financing Source:
    • Owner
  • Above Grade SQFT:
    • 0
  • Cap Rate:
    • 9.00
  • Gross Expenses:
    • 33283.00
  • Leasable Area:
    • 6500
  • Lot Size Sq Ft:
    • 14500
  • Onsite Parking Spaces:
    • 15
  • Use Type:
    • Multi 5Plus
  • Years Current Owner:
    • 29
Peter M. Scotti & Assoc.,Inc.
Peter M. Scotti & Assoc.,Inc.
(401) 421-8888
403 South Main Street Providence RI 02903
Peter M. Scotti & Assoc.,Inc. Peter M. Scotti & Assoc.,Inc.
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