This unique opportunity would be a great addition to any investment portfolio. This property is located just a short distance to the highway for easy access to the cities of Providence or Boston. With great tenants in each of the 3 units, this property is a turn key building offering $5200 a month in rental income. The third floor apartment is a spacious 1 bedroom unit and the second floor apartment offers a spacious 2 bedroom unit. Both tenants would love to extend their current leases. The first floor unit offers retail space that is currently occupied by The Happy Hour Bar. The two apartments are in great shape and the bar has recently been renovated. **** The roof will be replaced with a 50 year warranties roof that is transferable to the new owner. ****lead Certs are also being worked on .
Sold for $475,000
$475,000
404 Benefit St, Pawtucket, RI 02861
3beds
2,434sqft
Multi Family
Built in 1900
-- sqft lot
$533,600 Zestimate®
$195/sqft
$2,168 Estimated rent
Home value
$533,600
$491,000 - $576,000
$2,168/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jason Gelfuso 401-447-7428,
J. Christopher Real Estate Grp
Bought with:
Joseph Amen, RES.0046797
Oakmont Realty Group
Source: StateWide MLS RI,MLS#: 1367929
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Electric Water Heater, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Laminate, Vinyl, Carpet
- Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,744
- Total interior livable area: 2,434 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 3
- Fencing: Fenced
Lot
- Size: 5,000 Square Feet
- Features: Paved
Details
- Parcel number: PAWTM04L0393
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Aluminum Siding, Vinyl Siding
- Foundation: Block, Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
HOA
- Has HOA: No
Location
- Region: Pawtucket
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $190,700
- Annual tax amount: $5,655
- Date on market: 9/26/2024
- Inclusions: @$220 per month for bar electric @60 per month for owners electric ( common space and water tanks ) @$2700 per year for oil @$130 a month sewer and water Bar pays dumpster, tenants use cans Fire system in place
- Total actual rent: 5200
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2024 | Sold | $475,000-12.8%$195/sqft |
Source:  StateWide MLS RI #1367929 Report a problem | ||
| 9/26/2024 | Pending sale | $545,000$224/sqft |
Source: StateWide MLS RI #1367929 Report a problem | ||
| 9/5/2024 | Listed for sale | $545,000+7.9%$224/sqft |
Source: StateWide MLS RI #1367929 Report a problem | ||
| 11/9/2023 | Listing removed | -- |
Source: StateWide MLS RI #1341370 Report a problem | ||
| 9/25/2023 | Listed for sale | $505,000$207/sqft |
Source: StateWide MLS RI #1341370 Report a problem | ||
| 9/18/2023 | Pending sale | $505,000$207/sqft |
Source: StateWide MLS RI #1341370 Report a problem | ||
| 8/29/2023 | Price change | $505,000-3.8%$207/sqft |
Source: StateWide MLS RI #1341370 Report a problem | ||
| 8/8/2023 | Listed for sale | $525,000+16.7%$216/sqft |
Source: StateWide MLS RI #1341370 Report a problem | ||
| 11/4/2022 | Listing removed | -- |
Source:  NextHome Report a problem | ||
| 9/21/2022 | Listed for sale | $450,000$185/sqft |
Source: NextHome #1314451 Report a problem | ||
| 8/16/2022 | Pending sale | $450,000+12.5%$185/sqft |
Source: NextHome #1314451 Report a problem | ||
| 7/22/2022 | Price change | $399,999-11.1%$164/sqft |
Source: StateWide MLS RI #1314451 Report a problem | ||
| 7/7/2022 | Listed for sale | $450,000+129.6%$185/sqft |
Source: StateWide MLS RI #1314451 Report a problem | ||
| 6/29/2022 | Sold | $196,000+292%$81/sqft |
Source: Public Record Report a problem | ||
| 4/3/1997 | Sold | $50,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $190,700 |
| 2024 | -- | $190,700 +1.1% |
| 2023 | -- | $188,700 |
| 2022 | -- | $188,700 |
| 2021 | -- | $188,700 +3.7% |
| 2020 | -- | $182,000 |
| 2019 | -- | $182,000 |
| 2018 | -- | $182,000 +2.5% |
| 2017 | -- | $177,500 |
| 2016 | -- | $177,500 |
| 2015 | -- | $177,500 -21.5% |
| 2011 | -- | $226,200 |
| 2010 | -- | $226,200 |
| 2009 | -- | $226,200 +19.6% |
| 2008 | -- | $189,100 |
| 2007 | -- | $189,100 +62.7% |
| 2005 | -- | $116,200 |
| 2004 | -- | $116,200 |
| 2003 | -- | $116,200 |
Find assessor info on the county website
Neighborhood: Pine Crest
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Nearby schools
GreatSchools rating
- 5/10Flora S. Curtis SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Lyman B. Goff Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10William E. Tolman High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$533,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$533,600
- Rhode Island
- Providence County
- Pawtucket
- 02861
- Pine Crest
- 404 Benefit St
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