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    Property profile & analytics

    422 Pawtucket Ave Pawtucket, RI 02860

    • Investment properties
    • 11,628 SF
    • 0.23 lot acres
    For Sale
    View listing
    $1,699,000
    Value Estimation
    Location Intelligence
    Property ID
    US76-0391317
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 422 Pawtucket Ave

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    11,628 SF
    Zone code
    RT
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    PAWT M:64 L:0848
    APU
    PAWTM64L0848

    Description

    This exceptional mixed-use investment opportunity is located at 422 Pawtucket Avenue, Pawtucket, Rhode Island, 02860. The property, built in 1940, encompasses a substantial 11,628 square feet situated on a 10,018 square foot lot. The building consists of two units, offering a blend of residential and commercial spaces. The residential component includes a total of eleven units, comprising two one-bedroom, seven two-bedroom, and two three-bedroom apartments. In addition to the residential units, there are two commercial units, providing versatile options for business ventures. Four garages are also included on the property, adding further value and utility. This property presents a compelling investment prospect with significant income potential. Detailed financial information, including rent rolls and expense reports, is readily available upon request. The property's prime location in Pawtucket, Rhode Island offers excellent access to local amenities and transportation networks. This is a rare opportunity to acquire a well-established mixed-use property with a proven track record. The asking price for this remarkable investment is $2,199,900. Don't miss out on this chance to secure a profitable addition to your portfolio. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3935
    Latitude
    41.8635
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $112,900
    $559,200
    $672,100
    -
    $0.00
    $0.00
    $0.00

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      215 Cottage St

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      140 Dexter St

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      5,558 SF

      268 Ww Ave

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    Similar Nearby for Sale

    • Contact for pricing
      800 SF

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      Pawtucket Industrial Space For Lease

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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
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