10 Saratoga AVE, Pawtucket, RI 02861
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10 Saratoga AVE, Pawtucket, RI 02861
10 Saratoga AVE, Pawtucket, RI 02861
10 Saratoga AVE, Pawtucket, RI 02861
10 Saratoga AVE, Pawtucket, RI 02861
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Caitlin Pannone

Caitlin Pannone

+1(401) 258-3331
$ 2,150,000
Est. payment /mo
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Active

10 Saratoga AVE Pawtucket, RI 02861

8,578 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,578 sqft

Price per Sqft $250

MLS Listing ID 1416369

HOA Y/N No

Abv Grd Liv Area 8,578

Year Built 1988

Annual Tax Amount $20,961

Tax Year 2025

Lot Size 0.402 Acres

Acres 0.4017

Property Sub-Type Commercial

Property Description

Opportunity to own a two-building, brick nine-unit multifamily package at 10 Saratoga Street (built 2008) and 26 Saratoga Street (built 1988) in Pawtucket, RI. This is a cash-flowing asset generating $18,235/month ($218,820 annually). The all 2-bedroom mix includes three premium, fully renovated townhouse style 2BR/1.5-bath units commanding $2,375 $2,495 per month, alongside six 2BR/1-bath apartments. Renovated units showcase granite countertops, stainless steel appliances (including dishwashers), new cabinetry, new bathroom vanity, new flooring, and central air conditioning runs throughout every unit. Because tenants pay their own heat, hot water, and electricity, owner operating expenses stay low supporting a 7.0% in-place cap rate that rises to 7.5% at market. A new roof, replacement windows across half the property, and ample parking (including a large rear lot) round out a turnkey, low-maintenance asset. Priced at $2,150,000, the offering pairs immediate cash flow with additional upside. Financials and rent roll available upon request.

Location

State RI

County Providence

Rooms

Basement Full

Interior

Heating Central

Cooling Central Air

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.

Laundry Common Area

Exterior

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)

Utilities Available Natural Gas Connected

Street Surface Concrete

Total Parking Spaces 25

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 1026SARATOGAAVPAWT

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Listed by New England Apartment Group

Caitlin Pannone

Caitlin Pannone

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+1(401) 258-3331

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10 Saratoga AVE