8 King ST, Pawtucket, RI 02860
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8 King ST, Pawtucket, RI 02860
8 King ST, Pawtucket, RI 02860
8 King ST, Pawtucket, RI 02860
8 King ST, Pawtucket, RI 02860
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Caitlin Pannone

Caitlin Pannone

Engel & Völkers

+1(401) 258-3331
$ 799,900
Est. payment /mo
Price Dropped by $50K

8 King ST Pawtucket, RI 02860

4,550 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,550 sqft

Price per Sqft $175

MLS Listing ID 1415838

HOA Y/N No

Abv Grd Liv Area 4,550

Year Built 1920

Annual Tax Amount $15,221

Tax Year 2026

Lot Size 5,000 Sqft

Property Sub-Type Commercial

Property Description

This well-maintained multi-family property in Pawtucket features two buildings comprising five rental units. The front building includes three spacious 3-bedroom units, while the rear building offers two comfortable 2-bedroom units. Each unit is currently occupied by long-term tenants, providing a stable income stream for potential investors. The property also boasts updated parking facilities, enhancing convenience for residents.

With a positive cap rate, this investment opportunity is ideal for those looking to expand their real estate portfolio in a growing area. The strategic layout and consistent occupancy make it a solid choice for both seasoned and new investors alike.

### Highlights
- Two buildings with five rental units total.
- Front unit: three 3-bedroom apartments.
- Rear unit: two 2-bedroom apartments.
- Updated parking facilities available.
- Long-term tenants in place ensure stable income.
- Positive cap rate appealing to investors.

Location

State RI

County Providence

Rooms

Basement Full

Interior

Heating Baseboard, Gas, Hot Water

Furnishings Unfurnished

Laundry Common Area

Exterior

Community Features Highway Access, Near Schools, Public Transportation, Restaurant

Utilities Available Natural Gas Connected, Sewer Connected

Street Surface Asphalt

Total Parking Spaces 5

Building

Foundation Concrete Perimeter

Sewer Connected

Water Connected

Structure Type Frame

New Construction No

Others

Tax ID 812KINGSTPAWT

Virtual Tour https://tour.RiLiving.com/8-King-Street-Pawtucket-RI-02860


Listed by CENTURY 21 Gonsalves - Pastore

Caitlin Pannone

Caitlin Pannone

Advisor

+1(401) 258-3331

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8 King ST