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Updated Multifamily Property
For Sale
$620,000

163 Park Street, Pawtucket, RI 02860

Corner-lot building with renovated upper-level units and refreshed mechanical systems.

Property SizeContact for details
Days on Market84

Property Features for 163 Park Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Highway Access Yes

Amenities

Baseboard
Gas
Window Unit(s)
Gas Water Heater
Oven
Range
Refrigerator
Water Heater

Building Details

Year Built 1910
Stories 3
Listing Agency: HERE Realty
Listed By: Jaston Robinson
Source: Kw
Added: Jun 11 Changed: Sep 2 Last Checked: Sep 1 at 4:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HERE Realty

Investment Insights

Based on property information with market context.

Located at 163 Park Street, this multifamily property was built in 1910 and occupies a corner lot. The 2nd- and 3rd-floor units have been renovated, while major building systems include 3 new water heaters and 2 new gas boilers. Interior features include baseboard heat, gas service, window units, gas water heating, and kitchen appliances including an oven, range, and refrigerator.

The property is approximately 15 minutes from Providence, with access to Route 95 and commuting access toward Boston. Local shops, dining, and parks are also noted nearby in Pawtucket. The combination of updated upper-level units and recent mechanical replacements provides a clear physical profile for multifamily ownership.

Key Highlights

  • Renovated 2nd- and 3rd‑floor units
  • 3 new water heaters
  • 2 new gas boilers

Property Analytics

Current Use

Tactical Junk Removal Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Electrical Service Locksmith Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby

Demographics for 02860, RI

47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Corner-lot building with renovated upper-level units and refreshed mechanical systems.
Where is this multifamily property located?
The property is located at 163 Park Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Renovated 2nd- and 3rd‑floor units; 3 new water heaters; 2 new gas boilers
More about this property
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