Pending

$1,300,000

715 Cottage St, Pawtucket, RI 02861

11beds

5,600sqft

$8,610/mo

Get pre-qualified

Multi Family

Built in 1988

-- sqft lot

$1,245,300 Zestimate^®

$232/sqft

$-- HOA

What's special

Stainless steel appliances

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.

70 days
164
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 6
Full bathrooms: 6

Heating

Natural Gas, Baseboard

Cooling

Window Unit(s)

Features

Flooring: Vinyl
Basement: None
Has fireplace: No

Interior area

Total structure area: 5,664
Total interior livable area: 5,600 sqft

Property

Parking

Total spaces: 8
Parking features: No Garage

Lot

Size: 9,901 Square Feet

Construction

Type & style

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

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1988

Utilities & green energy

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

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: $232/sqft
Annual tax amount: $12,436
Date on market: 7/9/2026
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.
Total actual rent: 11025
Tenant pays: Hot Water, Heat

Estimated market value

$1,245,300

$1.18M - $1.31M

$2,003/mo

Price history

Date	Event	Price
8/28/2026	Pending sale	$1,300,000$232/sqft
Source: StateWide MLS RI #1417450 Report a problem
7/9/2026	Listed for sale	$1,300,000+85.7%$232/sqft
Source: StateWide MLS RI #1417450 Report a problem
10/22/2021	Sold	$700,000$125/sqft
Source: Agent Provided Report a problem