47 Montgomery Street Pawtucket, Rhode Island
Listed By New England Apartment Group
The Multi Family Home for Sale located at Pawtucket, Rhode Island is currently for sale. Pawtucket, Rhode Island is listed for $899,999. This property has 8 bedrooms, 7 bathrooms, Golf Course Holes, Total Parking, Detached Garage features. If the property located at Pawtucket, Rhode Island isn't what you're looking for, visit https://www.rilivingglobal.com to see other Multi Family Homes for Sale in Pawtucket .
Date Updated : Jun 3, 2025
MLS#: 1386525
$899,999 USD
- TypeMulti Family Home
- Bedrooms8
- Bathrooms7
Property features
Key features
- Golf Course Holes
- Total Parking
- Detached Garage
Construction details
- Year built: 1900
Other features
- Property features: Garage
- Appliances: Gas Water Heater
- Heating system: Baseboard Natural Gas Electric
- Garages: 1
Area
- Land/Lot size: 3,520ft²
- Bedrooms: 8
- Bathrooms: 7
- Total rooms: 15
Description
47 Montgomery presents a high-income generating investment opportunity: it generates $9,992 per month ($120K annually), making it the most lucrative cash flowing deal currently available in Rhode Island. This seven-unit property features a mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and a studio unit. Tenants cover their own electric and heating costs. Owner pays for hot water. The current owner has invested $75k in recent renovations, upgrading kitchens, bathrooms, flooring, and appliances across multiple units. Additionally, all electrical wiring has been replaced, and common area hallways have been refreshed. 47 Montgomery is fully turnkey, offering immediate cash flow and significant potential for further value enhancement. Detailed financials are available upon request.
Location
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