Opportunity to own a two-building, brick nine-unit multifamily package at 10 Saratoga Street (built 2008) and 26 Saratoga Street (built 1988) in Pawtucket, RI. This is a cash-flowing asset generating $18,235/month ($218,820 annually). The all 2-bedroom mix includes three premium, fully renovated townhouse style 2BR/1.5-bath units commanding $2,375-$2,495 per month, alongside six 2BR/1-bath apartments. Renovated units showcase granite countertops, stainless steel appliances (including dishwashers), new cabinetry, new bathroom vanity, new flooring, and central air conditioning runs throughout every unit. Because tenants pay their own heat, hot water, and electricity, owner operating expenses stay low - supporting a 7.0% in-place cap rate that rises to 7.5% at market. A new roof, replacement windows across half the property, and ample parking (including a large rear lot) round out a turnkey, low-maintenance asset. Priced at $2,150,000, the offering pairs immediate cash flow with additional upside. Financials and rent roll available upon request.

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Property Details of 10 26 Saratoga Avenue

Property Details

Basic Information

Building

Location

Interior Features

Bedrooms

Basement

Utilities and Appliances

Utilities and Appliances

Other Details

Finance

Water

Map Location

Driving Directions

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