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    422 Pawtucket Ave Pawtucket, RI 02860

    New
    Picture of Apartment buildings at Pawtucket Ave 422, Pawtucket, RI
    Pending
    For Sale
    $1,699,000

    COMMERCIAL - Pawtucket, RI

    Type:Apartment
    Lot size:
    0.23 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 422 Pawtucket Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Pending
    Parking
    13
    Lot size
    0.23 Acres

    Building Details

    Year built
    1940
    Number of units
    2

    Davelen, Inc., dba RE/MAX Professionals (401) 884-6050 [email protected]

    Listing agent Robert Rinn (401) 633-5788

    Listing date Dec 11, 2025

    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 Investment Opportunity

    This investment opportunity is located in Pawtucket, Rhode Island. The property includes 11 residential units, consisting of two 1-bedroom units, seven 2-bedroom units, and two 3-bedroom units. In addition, there are two commercial spaces and four garages. The property is situated on a lot of 0.23 acres. Rent roll and expenses are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    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
    -71.393494
    Latitude
    41.86352

    Nearby Similar for Sale

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    • New
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      Pawtucket Duplex in Darlington Neighborhood

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      Fully operational restaurant and bar in prime Pawtucket location.
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    • New
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      Pawtucket Two-Family Investment Opportunity

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    • $950,000
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      Pawtucket Commercial Property For Sale

      Commercial property with long-term tenant and passive income.
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    • $575,000
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      Pawtucket Three-Family Home

      Three-family home with renovation potential near I-95 and train.
      76 Slater St, Pawtucket, RI 02860
      View Details

    FAQs

    What type of property is this?
    Apartment building - Investment property featuring residential units, commercial space, and garages.
    Where is this apartment building located?
    The property is located at 422 Pawtucket Ave Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - Diverse Income Streams: Benefit from a combination of residential, commercial, and garage rentals.; - Significant Scale: This investment property features 11 residential units, 2 commercial spaces, and 4 garages.; - Mix of Unit Sizes: Includes a variety of 1, 2, and 3-bedroom apartments.
    (401) 633-5788
    Request Owner's contact information
    422 Pawtucket Ave Pawtucket, RI 02860
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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
    422 Pawtucket Ave Pawtucket, RI 02860
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