$665,000
SOLD AUG 1, 2025

24 Shea Ln Pascoag, RI 02859

6 Beds
4 Baths
2,835 Sq Ft
17,690 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

2% Above List Price

39 Days on Market

Highlights

  • River Access
  • 3 Car Detached Garage
  • Storage Room
  • Wooded Lot
  • Window Unit Cooling System
  • 3-minute walk to Burrillville Parks & Rec

About This Home

As of August 2025

This well-maintained 4+ unit multifamily offers strong income potential and flexibility in a prime location. Featuring two spacious 2 bedroom, 1 bath units and two 1 bedroom, 1 bath units on the second floor, this property is a true income generator. Some updates have already been made, including new flooring in one unit, new oil tanks, newer paint in some areas, & some electrical and plumbing updates. A detached 3 car garage adds even more earning potential perfect for additional rental income or owner use. Plus, a finished basement provides valuable bonus space for storage or other creative uses. With strong rents in place and a desirable location, this is the perfect opportunity for savvy investors or owner-occupants looking to offset their mortgage. Don't miss out on this cash-flowing property it's a true money maker waiting for its next owner!

Last Agent to Sell the Property

Nicole Connell

JPAR Prime Real Estate License #RES.0044028 Listed on: 06/23/2025

JPAR Prime Real Estate

Co-Listed By

The Quinn Group

JPAR Prime Real Estate

Last Buyer's Agent

Michele Stevenin

Engel & Volkers Oceanside License #REB.0018850

Engel & Volkers Oceanside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,843

Year Built

  • Built in 1890

Lot Details

  • 0.41 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,835 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • River Access
  • Walking Distance to Water

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Water Heater

Listing and Financial Details

  • Tax Lot 060
  • Assessor Parcel Number 2426SHEALANEBURR

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Shops
  • Operating Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,843

Year Built

Built in 1890

Lot Details

0.41 Acres

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4061
  • Co List Office Mls Id: RMAX45
  • Co List Office Phone: 401-848-7827
  • Inclusions: Owner occupied. All units are rented on a month to month lease. 2 units will be vacant at time of closing. Flood insurance required. Owner pays $300 a month but was given a cheaper quote recently. Owners current HOI is $1571 annually.
  • Above Grade Finished Sq Ft: 2835.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Dining Room Type: Bathroom, Storage Room, Utility Room
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: River Access, Walk to Water
  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17690.0
  • Parcel #: 2426SHEALANEBURR

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 500.0

Tax Info

  • Tax Annual Amount: 4842.96
  • Tax Lot: 060
  • Tax Year: 2024
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2025 08/01/25 Sold $665,000 +2.3% $235 / Sq Ft
06/23/2025 06/23/25 For Sale $649,900 +4.0% $229 / Sq Ft
04/05/2024 04/05/24 Sold $625,000 +4.3% $220 / Sq Ft View Prior Sale
02/14/2024 02/14/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $599,000 0.0% $211 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $599,000 +84.3% $211 / Sq Ft
04/08/2020 04/08/20 Sold $325,000 -7.1% $61 / Sq Ft View Prior Sale
03/09/2020 03/09/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $349,900 +102.3% $66 / Sq Ft
04/17/2017 04/17/17 Sold $173,000 -13.5% $61 / Sq Ft View Prior Sale
03/18/2017 03/18/17 Pending -- -- --
11/05/2016 11/05/16 For Sale $199,900 -- $71 / Sq Ft
Source: State-Wide MLS

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1388348

State-Wide MLS
Your Personal Tour Guide

Ask me questions while you tour the home.