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    1167 Newport Ave Pawtucket, RI 02861

    Pending
    For Sale
    $750,000

    Commercial - Pawtucket, RI

    Property size:
    3,830 SF
    Days on Market:
    80
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1167 Newport Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking
    6
    Exterior features
    Urban
    Size
    3,830 SF

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1925
    Number of units
    6
    Building materials
    Brick
    Architectural style
    Other

    Residential Properties Ltd. (401) 439-7705 [email protected]

    Listing agent Stephen Gaskin (401) 274-6740

    Listing date Sep 17, 2025

    MLS# 1394820 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pawtucket Multifamily Investment Opportunity

    Located in the Darlington neighborhood of Pawtucket, this brick building contains six units, offering an investment opportunity with income potential. The property features four 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Each unit has individually metered electric. The building's exterior is designed for low maintenance. Six off-street parking spaces are available. The property is located near restaurants and local shopping centers, and is one mile from the local MBTA station with direct service into Boston. The property is positioned for stability with room to maximize future returns in a consistently strong rental market. The property size is 3830 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.353881
    Latitude
    41.886258

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      Mixed-Use Property in Pawtucket, RI

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      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit building in Darlington neighborhood with income potential.
    Where is this apartment building located?
    The property is located at 1167 Newport Ave Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Immediate income from a 6-unit building in Pawtucket's Darlington neighborhood.; - Versatile unit mix: four 1-bedroom and two 2-bedroom apartments.; - Six off-street parking spaces available.
    (401) 274-6740
    Request Owner's contact information
    1167 Newport Ave Pawtucket, RI 02861
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1167 Newport Ave Pawtucket, RI 02861
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