Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.
Sold for $1,000,000
$1,000,000
735 Broadway, Pawtucket, RI 02861
12beds
6,420sqft
Multi Family
Built in 1930
-- sqft lot
$1,007,000 Zestimate®
$156/sqft
$1,897 Estimated rent
Home value
$1,007,000
$906,000 - $1.12M
$1,897/mo
Zestimate® history
Owner options
List your home for rent
$1,897/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,897/mo
Rent Zestimate®
Refinance and save
$5,153/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,153/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
New windowsUpdated bathroomsStone herringbone backsplashesGranite countertopsNew kitchensRenovated floor to ceilingStainless appliances
Zillow last checked:
Listing updated:
Listed by:
Spectrum Real Estate Consultants Team 401-334-3334,
Keller Williams Leading Edge
Bought with:
Carla Zimmerman, RES.0035378
LPT Realty
Source: StateWide MLS RI,MLS#: 1403688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Gas Connected
Cooling
- None
Features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed)
- Flooring: Ceramic Tile, Vinyl
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,413
- Total interior livable area: 6,420 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
Lot
- Size: 2,117 sqft
Details
- Parcel number: PAWTM05L0519
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Vinyl Siding
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Restaurants, Schools, Near Shopping
Location
- Region: Pawtucket
HOA & financial
Other financial information
- Total actual rent: 10390
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $1,000,000-4.8%$156/sqft |
Source:  StateWide MLS RI #1403688 Report a problem | ||
| 2/12/2026 | Pending sale | $1,050,000$164/sqft |
Source: StateWide MLS RI #1403688 Report a problem | ||
| 1/22/2026 | Listed for sale | $1,050,000-2.3%$164/sqft |
Source: StateWide MLS RI #1403688 Report a problem | ||
| 8/15/2025 | Listing removed | $1,075,000$167/sqft |
Source: StateWide MLS RI #1390594 Report a problem | ||
| 7/22/2025 | Listed for sale | $1,075,000+1333.3%$167/sqft |
Source: StateWide MLS RI #1390594 Report a problem | ||
| 11/20/1996 | Sold | $75,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $420,300 |
| 2024 | -- | $420,300 +54% |
| 2023 | -- | $273,000 |
| 2022 | -- | $273,000 |
| 2021 | -- | $273,000 +21.2% |
| 2020 | -- | $225,300 |
| 2019 | -- | $225,300 |
| 2018 | -- | $225,300 -3% |
| 2017 | -- | $232,300 |
| 2016 | -- | $232,300 |
| 2015 | -- | $232,300 -19.2% |
| 2011 | -- | $287,600 |
| 2010 | -- | $287,600 -30.4% |
| 2009 | -- | $413,400 +12.7% |
| 2008 | -- | $366,700 |
| 2007 | -- | $366,700 +95.3% |
| 2005 | -- | $187,800 |
| 2004 | -- | $187,800 |
| 2003 | -- | $187,800 |
Find assessor info on the county website
Neighborhood: Pine Crest
Nearby schools
GreatSchools rating
- 4/10Curvin-McCabe SchoolGrades: K-5Distance: 0.5 mi
- 3/10Joseph Jenks Junior High SchoolGrades: 6-8Distance: 1.2 mi
- 2/10William E. Tolman High SchoolGrades: 9-12Distance: 1 mi
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
$1,007,000
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
$1,007,000
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Pawtucket Topics
