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Multifamily Property with Basement
For Sale
$599,000

453 Central Avenue, Pawtucket, RI 02861

The property includes off-street parking, basement space, and updated flooring throughout.

Property SizeContact for details
Days on Market86

Property Features for 453 Central Avenue

General Information

Standard status Active
Property subtype Multi-family

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: HERE Realty
Listed By: Jake Pereira
Source: Residentialproperties
Added: Jun 8 Changed: Aug 31 Last Checked: Aug 31 at 7:35PM

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 453 Central Avenue in Pawtucket, Rhode Island, this multifamily property was built in 1900 and includes off-street parking and basement space. Updated flooring extends throughout the building, providing a refreshed interior finish.

The property is professionally managed and has rental income in place. Unit 2 is scheduled to become available July 1, while the remaining units continue contributing to the property’s operating income.

Key Highlights

  • Multifamily property at 453 Central Avenue, Pawtucket, RI 02861
  • Built in 1900
  • Off‑street parking included

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Garden Center Skin Care Clinic Accounting Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,008
Businesses Nearby

Demographics for 02861, RI

27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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 - The property includes off-street parking, basement space, and updated flooring throughout.
Where is this multifamily property located?
The property is located at 453 Central Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Multifamily property at 453 Central Avenue, Pawtucket, RI 02861; Built in 1900; Off‑street parking included
More about this property
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