Map
Listed price in listed location currency (USD).
$2,500,000

241228

MLS® 1416396

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12704 sqft
Garage 
Taxes $28,436
Days Active 0
Lot Size 0.4408 Acres
Approx. Age 1991
Avg. Price Per Sqft $196
MLS® Number 1416396

Property Address: 60 Esten & 61 Vale Avenue, Pawtucket, RI, 02860

Average square foot calculated using Size range provided by listing agent.

Description

This impressively renovated twelve-unit offering at 60 Esten Street and 61 Vale Street in Pawtucket consists of two 1991-built buildings, each with six large 2-bedroom units. The Property currently generates $23, 225 in monthly rental income ($278, 700 annually) with clear upside to a market level of $26, 400/month approximately 14% as units turn. In-place rents range from $1, 500 to $2, 125 per month, with the renovated units achieving $2, 075 to $2, 125 and a market target of $2, 200 across the board. Eight of the twelve units have been fully renovated with brand-new kitchens featuring high-end cabinetry, granite countertops, and stainless steel appliances, plus new flooring and fully updated bathrooms; six of those include in-unit washer/dryer (four at Esten, two at Vale), a standout amenity that commands premium rents. The remaining units are clean, well-maintained, and already achieving strong rents, offering a clear path to additional income. Key capital improvements are in place, including new boilers in both buildings, new windows on roughly half the Property, painted hallways, and new rubber stair treads, minimizing short-term capital expenditure. Ideal for an investor seeking large, well-renovated units, proven income, and one of the strongest rent-growth profiles available.
MLS® Number1416396
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1991
BasementNone
DrivewayNo Garage
Garage Spaces
HeatBaseboard, Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
60 , Pawtucket, RI

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