60 Esten & 61 Vale Avenue, Pawtucket, RI 02860

Local realty services provided by:ERA Empire Real Estate
60 Esten & 61 Vale Avenue,Pawtucket, RI 02860
$2,500,000
  • 24 Beds
  • 12 Baths
  • 12,704 sq. ft.
  • Multi-family
  • Active
Listed by: john slyman
Office: new england apartment group
MLS#:1416396
Source:RI_STATEWIDE

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$196.79

About this home

This impressively renovated twelve-unit offering at 60 Esten Street and 61 Vale Street in Pawtucket consists of two 1991-built buildings, each with six large 2-bedroom units. The Property currently generates $23,225 in monthly rental income ($278,700 annually) with clear upside to a market level of $26,400/month approximately 14% as units turn. In-place rents range from $1,500 to $2,125 per month, with the renovated units achieving $2,075 to $2,125 and a market target of $2,200 across the board. Eight of the twelve units have been fully renovated with brand-new kitchens featuring high-end cabinetry, granite countertops, and stainless steel appliances, plus new flooring and fully updated bathrooms; six of those include in-unit washer/dryer (four at Esten, two at Vale), a standout amenity that commands premium rents. The remaining units are clean, well-maintained, and already achieving strong rents, offering a clear path to additional income. Key capital improvements are in place,...

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Home facts

  • Year built:1991
  • Listing ID #:1416396
  • Added:1 day(s) ago
  • Updated:June 26, 2026 at 05:05 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:12
  • Full bathrooms:12
  • Rooms Total:72
  • Flooring:Vinyl
  • Basement:Yes
  • Living area:12,704 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1991
  • Building area:12,704 sq. ft.
  • Lot area:0.44 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$196.79
  • Tax amount:$28,436 (2025)

Features and amenities

  • Laundry features:Common Area, In Unit
  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:28
  • Parking description:No Garage
MLS LogoThe 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 Empire Real Estate 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 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: June 26, 2026