Sold for $475,000

$475,000

404 Benefit St, Pawtucket, RI 02861

3beds

2,434sqft

Multi Family

Built in 1900

-- sqft lot

$527,200 Zestimate^®

$195/sqft

$2,057 Estimated rent

Home value

$527,200

$485,000 - $569,000

$2,057/mo

Zestimate^® history

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$2,057/mo

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$2,057/mo

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$2,920/mo

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$2,920/mo

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What's special

This unique opportunity would be a great addition to any investment portfolio. This property is located just a short distance to the highway for easy access to the cities of Providence or Boston. With great tenants in each of the 3 units, this property is a turn key building offering $5200 a month in rental income. The third floor apartment is a spacious 1 bedroom unit and the second floor apartment offers a spacious 2 bedroom unit. Both tenants would love to extend their current leases. The first floor unit offers retail space that is currently occupied by The Happy Hour Bar. The two apartments are in great shape and the bar has recently been renovated. **** The roof will be replaced with a 50 year warranties roof that is transferable to the new owner. ****lead Certs are also being worked on .

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Bathroom

Features: Bath w Tub & Shower

Heating

Oil, Baseboard, Forced Water

Cooling

None

Appliances

Included: Electric Water Heater, Oven/Range, Refrigerator
Laundry: Off Site

Features

Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
Flooring: Laminate, Vinyl, Carpet
Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,744
Total interior livable area: 2,434 sqft

Property

Parking

Total spaces: 8
Parking features: No Garage

Features

Stories: 3
Fencing: Fenced

Lot

Size: 5,000 sqft
Features: Paved

Details

Parcel number: PAWTM04L0393
Special conditions: Conventional/Market Value
Other equipment: Cable TV

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Aluminum Siding, Vinyl Siding
Foundation: Block, Concrete Perimeter

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 100 Amp Service
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, Recreational Facilities, Restaurants, Schools, Near Shopping

Location

Region: Pawtucket

HOA & financial

Other financial information

Total actual rent: 5200

Price history

Date	Event	Price
11/14/2024	Sold	$475,000-12.8%$195/sqft
Source: StateWide MLS RI #1367929 Report a problem
9/26/2024	Pending sale	$545,000$224/sqft
Source: StateWide MLS RI #1367929 Report a problem
9/5/2024	Listed for sale	$545,000+7.9%$224/sqft
Source: StateWide MLS RI #1367929 Report a problem
11/9/2023	Listing removed	--
Source: StateWide MLS RI #1341370 Report a problem
9/25/2023	Listed for sale	$505,000$207/sqft
Source: StateWide MLS RI #1341370 Report a problem