715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861
715 Cottage Street Pawtucket RI 02861

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Listed by John Slyman of New England Apartment Group
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.

Property Details of 715 Cottage Street

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