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    25 Margaret St Pawtucket, RI 02860

    Sponsored
    For Sale
    $2,400,000

    12-Unit Brick Building, High ROI Potential

    Property size:
    8,466 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional investment property at 25 Margaret Street, Pawtucket, Rhode Island, presents a compelling opportunity for discerning investors. The meticulously maintained brick building encompasses 8,466 square feet and sits on a sizable 0.49-acre double lot (21,344 square feet), offering significant potential for future development. The property currently houses twelve efficient rental units – six one-bedroom and six two-bedroom apartments – ensuring a robust and reliable income stream. Recent upgrades include a newer roof and the installation of a state-of-the-art on-demand heating and hot water system, minimizing maintenance costs and maximizing energy efficiency. Each unit is thoughtfully designed for optimal space utilization and functionality. The property's prime location in Pawtucket provides convenient access to local amenities and contributes to its strong rental demand. All lead certificates are in place, ensuring compliance and peace of mind for the new owner. This turnkey investment is poised for immediate returns and long-term growth, making it an ideal addition to any portfolio. The ample lot size presents exciting possibilities for expansion or further development, adding considerable value to this already impressive asset. Don't miss this chance to acquire a stable and profitable multifamily property in a thriving Rhode Island market.

    Property Features for 25 Margaret St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,466 SF
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -71.3735
    Latitude
    41.88808

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    FAQs

    What type of property is this?
    Commercial real estate - 12-Unit Brick Building, High ROI Potential
    Where is this commercial real estate located?
    The property is located at 25 Margaret St Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $2,400,000.
    (401) 274-1644
    Request Owner's contact information
    25 Margaret St Pawtucket, RI 02860
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    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
    25 Margaret St Pawtucket, RI 02860
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