518 Lonsdale Avenue, Pawtucket, RI 02863
Local realty services provided by:ERA Key Realty Services
Listed by: alexander parmenidez
Office: coldwell banker realty
MLS#:1408937
Source:RI_STATEWIDE
Price summary
- Price:$599,000
- Price per sq. ft.:$244.49
About this home
Three-unit multifamily property for sale at 518 Lonsdale Ave in Pawtucket, RI, offering a strong opportunity for both investors and owner-occupants. This 2,450 square foot triplex features three 2-bedroom, 1-bath units, each positioned on its own floor, providing privacy and a functional layout that appeals to today's rental market. The property sits on a 3,485 square foot lot and includes two off-street parking spaces. Exterior features include vinyl siding, and the building is serviced by a steam heating system. The RM zoning supports continued multifamily use, making this a stable long-term investment in a growing area. Each unit offers a self-contained living space, ideal for consistent tenant demand and ease of management. This layout is especially attractive for owner-occupants looking to live in one unit while generating rental income from the others. Conveniently located less than five miles from downtown Providence, this property offers quick access to I-95 and Route 146, making it a commuter-friendly location. Nearby access to the MBTA Providence/Stoughton line provides direct service to Boston, increasing rental appeal for tenants working in both Providence and Boston. Pawtucket continues to see growth and investment, especially along the Blackstone Valley corridor, supporting strong demand for multifamily housing. This is a solid opportunity for a buy-and-hold investor, 1031 exchange buyer, or anyone seeking a move-in ready multifamily property....
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Home facts
- Year built:1912
- Listing ID #:1408937
- Added:2 day(s) ago
- Updated:May 14, 2026 at 02:00 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Flooring:Ceramic Tile, Hardwood, Laminate
- Bathrooms Description:Tub Shower
- Kitchen Description:Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Exterior Entry, Finished, Full, Interior Entry
- Living area:2,450 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard, Gas
Structure and exterior
- Year built:1912
- Building area:2,450 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Drywall, Plaster, Vinyl Siding
- Exterior Features:Paved Driveway
- Foundation Description:Concrete Perimeter
Utilities
- Water:Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$244.49
- Tax amount:$5,268 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Amenities:Gas Water Heater
Parking
- Total parking spaces:5
- Parking description:Detached, Garage, Paved Driveway
- Garage:Yes
- Garage spaces:2
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