54 Sabin St Pawtucket, RI 02860

Property Details for 54 Sabin St

Year built

1915

Construction

FRAME

Lot size

0.07 lot acres

Property size

3,278 SF

Zone code

RM

Property type

Investment properties

Property subtype

Live-work space

APN

PAWT M:20 L:0460

APU

PAWTM20L0460

Description

This exceptional investment opportunity in Pawtucket, RI, presents a mixed-use property ideally situated on a corner lot at 54 Sabin Street. The 1,068 square foot building sits on a 0.07-acre lot and offers excellent visibility and accessibility, boasting convenient proximity to downtown and major highways. The property comprises two spacious apartments, each featuring three bedrooms, an eat-in kitchen, and a living room. Adding significant income potential is a fully equipped restaurant, approximately three years old, currently operating under a one-year lease. The restaurant boasts upgraded appliances including warmers, a stove, broiler, deep fryer, and refrigerator. A detached two-car garage provides additional convenience and potential for extra income or storage. This property is a compelling investment prospect due to its diverse income streams, prime location, and existing tenant in place. The combination of residential and commercial spaces offers a strong foundation for long-term growth and profitability. The property's location ensures easy access to major transportation routes and the vibrant downtown area, maximizing its appeal to both residents and businesses. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location. The asking price is $750,000.

Location Insight

City

Pawtucket

County

Providence

State

Rhode Island

Longitude

-71.3718

Latitude

41.886

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments