Sold for $665,000

$665,000

24-26 Shea Ln, Pascoag, RI 02859

6beds

2,700sqft

Multi Family

Built in 1890

-- sqft lot

$698,300 Zestimate^®

$246/sqft

$2,074 Estimated rent

Home value

$698,300

$621,000 - $789,000

$2,074/mo

Zestimate^® history

Owner options

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$2,074/mo

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$2,074/mo

Rent Zestimate^®

Refinance and save

$3,427/mo

Est. payment

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$3,427/mo

Est. payment

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What's special

Newer paintNew flooringElectrical and plumbing updatesFinished basementNew oil tanks

This well-maintained 4+ unit multifamily offers strong income potential and flexibility in a prime location. Featuring two spacious 2 bedroom, 1 bath units and two 1 bedroom, 1 bath units on the second floor, this property is a true income generator. Some updates have already been made, including new flooring in one unit, new oil tanks, newer paint in some areas, & some electrical and plumbing updates. A detached 3 car garage adds even more earning potential—perfect for additional rental income or owner use. Plus, a finished basement provides valuable bonus space for storage or other creative uses. With strong rents in place and a desirable location, this is the perfect opportunity for savvy investors or owner-occupants looking to offset their mortgage. Don’t miss out on this cash-flowing property—it's a true money maker waiting for its next owner!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Oil, Baseboard, Forced Water

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Oven/Range, Refrigerator
Laundry: In Building

Features

Wall (Plaster), Plumbing (Copper), Plumbing (Mixed), Insulation (Unknown)
Flooring: Ceramic Tile, Vinyl, Carpet
Basement: Full,Walk-Out Access,Finished,Bath/Stubbed,Common,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,835
Total interior livable area: 2,700 sqft

Property

Parking

Total spaces: 9
Parking features: Detached
Garage spaces: 3

Features

Stories: 2
Waterfront features: River, Walk To Water

Lot

Size: 0.41 Acres
Features: Wooded

Details

Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Plaster, Vinyl Siding
Foundation: Concrete Perimeter, Stone

Condition

New construction: No
Year built: 1890

Utilities & green energy

Electric: 100 Amp Service
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Schools, Near Shopping

HOA

Has HOA: No

Location

Region: Pascoag

Financial & listing details

Price per square foot: $246/sqft
Annual tax amount: $4,842
Date on market: 6/23/2025
Inclusions: Owner occupied. All units are rented on a month to month lease. 2 units will be vacant at time of closing. Flood insurance required. Owner pays $300 a month but was given a cheaper quote recently. Owners current HOI is $1571 annually.
Total actual rent: 5300
Tenant pays: Heat

Price history

Date	Event	Price
8/1/2025	Sold	$665,000+2.3%$246/sqft
Source: StateWide MLS RI #1388348 Report a problem
6/30/2025	Contingent	$649,900$241/sqft
Source: StateWide MLS RI #1388348 Report a problem
6/23/2025	Listed for sale	$649,900+4%$241/sqft
Source: StateWide MLS RI #1388348 Report a problem
4/5/2024	Sold	$625,000+4.3%$231/sqft
Source: StateWide MLS RI #1351443 Report a problem
2/14/2024	Pending sale	$599,000$222/sqft
Source: StateWide MLS RI #1351443 Report a problem
2/10/2024	Listed for sale	$599,000$222/sqft
Source: StateWide MLS RI #1351443 Report a problem
2/1/2024	Pending sale	$599,000$222/sqft
Source: StateWide MLS RI #1351443 Report a problem
1/23/2024	Listed for sale	$599,000+4.2%$222/sqft
Source: StateWide MLS RI #1351443 Report a problem
4/18/2023	Listing removed	--
Source: StateWide MLS RI #1328841 Report a problem
1/27/2023	Listed for sale	$575,000$213/sqft
Source: StateWide MLS RI #1328841 Report a problem
1/26/2023	Listing removed	--
Source: StateWide MLS RI #1317337 Report a problem
10/30/2022	Price change	$575,000-3.2%$213/sqft
Source: StateWide MLS RI #1317337 Report a problem
10/23/2022	Price change	$594,000-0.8%$220/sqft
Source: StateWide MLS RI #1317337 Report a problem
8/7/2022	Listed for sale	$599,000+84.3%$222/sqft
Source: StateWide MLS RI #1317337 Report a problem
4/8/2020	Sold	$325,000$120/sqft
Source: Agent Provided Report a problem