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.
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Zillow last checked:
Listing updated:
Listed by:
John Slyman508-330-0325,
New England Apartment Group
Source: StateWide MLS RI,MLS#: 1417450
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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.
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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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