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, including new boilers in both buildings, new windows on roughly half the Property, painted hallways, and new rubber stair treads, minimizing short-term capital expenditure. Ideal for an investor seeking large, well-renovated units, proven income, and one of the strongest rent-growth profiles available.
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Zillow last checked:
Listing updated:
Listed by:
John Slyman508-330-0325,
New England Apartment Group
Source: StateWide MLS RI,MLS#: 1416396
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 12
Full bathrooms: 12
Heating
Natural Gas, Baseboard
Cooling
None
Appliances
Included: Gas Water Heater
Laundry: Common Area, In Building, In Unit
Features
Flooring: Vinyl
Basement: None
Has fireplace: No
Interior area
Total structure area: 12,704
Total interior livable area: 12,704 sqft
Property
Parking
Total spaces: 28
Parking features: No Garage
Lot
Size: 0.44 Acres
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Vinyl Siding
Condition
New construction: No
Year built: 1991
Utilities & green energy
Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
Has HOA: No
Location
Region: Pawtucket
Financial & listing details
Price per square foot: $197/sqft
Annual tax amount: $28,436
Date on market: 6/25/2026
Inclusions: No warranty or representation, expressed or implied, is made by the Owner or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information or projections or any information related to the physical buildings or land. Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning the offering.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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