47 Montgomery Street, Pawtucket, RI 02860
Local realty services provided by:ERA Key Realty Services
Listed by:john slyman
Office:new england apartment group
MLS#:1386525
Source:RI_STATEWIDE
Price summary
- Price:$899,999
- Price per sq. ft.:$195.65
About this home
47 Montgomery presents a high-income generating investment opportunity: it generates $9,992 per month ($120K annually), making it the most lucrative cash flowing deal currently available in Rhode Island. This seven-unit property features a mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and a studio unit. Tenants cover their own electric and heating costs. Owner pays for hot water. The current owner has invested $75k in recent renovations, upgrading kitchens, bathrooms, flooring, and appliances across multiple units. Additionally, all electrical wiring has been replaced, and common area hallways have been refreshed. 47 Montgomery is fully turnkey, offering immediate cash flow and significant potential for further value enhancement. Detailed financials are available upon request.
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Home facts
- Year built:1900
- Listing ID #:1386525
- Added:114 day(s) ago
- Updated:September 03, 2025 at 07:22 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:7
- Living area:4,600 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Gas
Structure and exterior
- Year built:1900
- Building area:4,600 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Connected, Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$899,999
- Price per sq. ft.:$195.65
- Tax amount:$7,969 (2024)
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: September 3, 2025New listings near 47 Montgomery Street
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