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Multifamily Property with Solar Panels
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255 Division Street, Pawtucket, RI 02860

Income-producing multifamily property with updated interior finishes, solar panels, and outdoor parking improvements.

Property SizeContact for details
Days on Market143

Property Features for 255 Division Street

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Gross Income $31,200

Amenities

tiled baths
tiled kitchen backsplash
hardwood floors
extended patio
parking
driveways
solar panels
Listing Agency: Your Home Sold Guaranteed Realty, The Nathan Clark Team
Listed By: Nathan Clark Team
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 10:00PM

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 Your Home Sold Guaranteed Realty, The Nathan Clark Team

Investment Insights

Based on property information with market context.

This multifamily property features hardwood flooring throughout, tiled bathrooms, and a kitchen backsplash. Exterior improvements include vinyl siding and brand-new solar panels. The property also offers an extended patio, additional parking, and two driveways.

The residence is currently rented, providing an existing income stream for an owner seeking a multifamily asset. Solar panels are reported to generate income and offset the owner's electric bill. A licensed home inspector has completed an inspection, and the property is being offered with a 12-month home warranty and a 24-month satisfaction guarantee.

Key Highlights

  • Currently rented as an income‑producing property
  • Brand‑new solar panels reported to generate income and offset the owner's electric bill
  • Hardwood floors throughout the residence

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Daycare Center Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

1,431
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Income-producing multifamily property with updated interior finishes, solar panels, and outdoor parking improvements.
Where is this multifamily property located?
The property is located at 255 Division Street Pawtucket, RI.
What are key features of this property?
This property features: Currently rented as an income‑producing property; Brand‑new solar panels reported to generate income and offset the owner's electric bill; Hardwood floors throughout the residence
More about this property
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