715 Cottage Street, Pawtucket, RI 02861
Local realty services provided by:ERA Empire Real Estate
715 Cottage Street,Pawtucket, RI 02861
$1,300,000
- 11 Beds
- 6 Baths
- 5,664 sq. ft.
- Multi-family
- Active
Listed by: john slyman
Office: new england apartment group
MLS#:1417450
Source:RI_STATEWIDE
Price summary
- Price:$1,300,000
- Price per sq. ft.:$229.52
About this home
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.
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Home facts
- Year built:1988
- Listing ID #:1417450
- Added:1 day(s) ago
- Updated:July 09, 2026 at 08:23 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:36
- Flooring:Vinyl
- Basement:Yes
- Living area:5,664 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard, Gas
Structure and exterior
- Year built:1988
- Building area:5,664 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Vinyl Siding
Utilities
- Water:Connected, Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$229.52
- Tax amount:$12,436 (2025)
Features and amenities
- Amenities:Water Heater
Parking
- Total parking spaces:8
- Parking description:No Garage
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