25 Margaret St Pawtucket, RI 02860
- Commercial real estate
- 8,466 SF
- 0.49 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 25 Margaret St
- Year built
- 1965
- Lot size
- 0.49 lot acres
- Property size
- 8,466 SF
- Property type
- Commercial real estate
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3735
- Latitude
- 41.88808