25 Margaret Street, Pawtucket | 25 Margaret St
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25 Margaret Street, Pawtucket 25 Margaret St
12 Unit Apartment Building $2,400,000 ($200,000/Unit) Pawtucket, RI 02860
Investment Highlights
- State-of-the-art on-demand heating and hot water systems
- Double Lot
- Newer Roof
Executive Summary
Welcome to 25 Margaret Street, Pawtucket, RI—a smart investment opportunity in a dynamic, convenient location. This meticulously maintained brick building is built like a tank and offers 12 efficient units - 6 one-bedrooms, 6 two-bedrooms. Spanning 8,466 square feet, this property is a robust money-maker, providing endless potential for investors seeking a solid return. Situated on a generous 21,344 square foot double lot, there's ample room for new build potential, adding even more value to this already impressive offering. The property boasts a newer roof and state-of-the-art on-demand heating and hot water systems, ensuring low maintenance and high efficiency. Each unit is designed with a neat and buttoned-up approach, maximizing space and functionality. This property is perfectly positioned in a terrific area, offering convenience and accessibility to local amenities. Whether you're expanding your portfolio or looking for a reliable income stream, 25 Margaret Street is a serious contender. Seize the opportunity to invest in a property that promises stability and growth. Lead certificates in place.
Property Facts
Price | $2,400,000 | Building Class | C |
Price Per Unit | $200,000 | Lot Size | 0.84 AC |
Sale Type | Investment | Building Size | 8,466 SF |
No. Units | 12 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1965 |
Property Subtype | Apartment | Parking Ratio | 2.48/1,000 SF |
Apartment Style | Low Rise |
Price | $2,400,000 |
Price Per Unit | $200,000 |
Sale Type | Investment |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.84 AC |
Building Size | 8,466 SF |
No. Stories | 2 |
Year Built | 1965 |
Parking Ratio | 2.48/1,000 SF |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 6 | - | - |
2+1 | 6 | - | - |
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,699,600 | |
Land Assessment | $246,000 | Total Assessment | $1,945,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$246,000
Improvements Assessment
$1,699,600
Total Assessment
$1,945,600
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25 Margaret Street, Pawtucket | 25 Margaret St
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