$2,500,000

Estimated payment $15,847/month

24 Beds
12 Baths
12,704 Sq Ft
$197 Price per Sq Ft

Highlights

  • Marina
  • 0.44 Acre Lot
  • Tennis Courts
  • Golf Course Community
  • Community Pool
  • Public Transportation

About This Home

This impressively renovated twelve-unit offering at 60 Esten Street and 61 Vale Street in Pawtucket consists of two 1991-built buildings, each with six large 2-bedroom units. The Property currently generates $23,225 in monthly rental income ($278,700 annually) with clear upside to a market level of $26,400/month approximately 14% as units turn. In-place rents range from $1,500 to $2,125 per month, with the renovated units achieving $2,075 to $2,125 and a market target of $2,200 across the board. Eight of the twelve units have been fully renovated with brand-new kitchens featuring high-end cabinetry, granite countertops, and stainless steel appliances, plus new flooring and fully updated bathrooms; six of those include in-unit washer/dryer (four at Esten, two at Vale), a standout amenity that commands premium rents. The remaining units are clean, well-maintained, and already achieving strong rents, offering a clear path to additional income. Key capital improvements are in place, including new boilers in both buildings, new windows on roughly half the Property, painted hallways, and new rubber stair treads, minimizing short-term capital expenditure. Ideal for an investor seeking large, well-renovated units, proven income, and one of the strongest rent-growth profiles available.

Listing Agent

John Slyman

New England Apartment Group License #REB.0018441 Listed on: 06/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,436

Year Built

  • Built in 1991

Home Design

  • Vinyl Siding

Interior Spaces

  • 12,704 Sq Ft Home
  • Vinyl Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Parking

  • 28 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 19,200 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Assessor Parcel Number 60ESTEN&61VALEAVPAWT

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Building Details

  • Operating Expense $66,331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,436

Year Built

Built in 1991

Lot Details

0.44 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4408
  • Inclusions: No warranty or representation, expressed or implied, is made by the Owner or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information or projections or any information related to the physical buildings or land. Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning the offering.
  • Above Grade Finished Sq Ft: 12704.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1991
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 12
  • Total Bedrooms: 24
  • Fireplace: No
  • Flooring: Vinyl

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 28.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19200.0
  • Parcel #: 60ESTEN&61VALEAVPAWT

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 66331.0

Tax Info

  • Tax Annual Amount: 28436.0
  • Tax Block: 00
  • Tax Lot: 00
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2026 06/25/26 For Sale $2,500,000 -- $197 / Sq Ft
Source: State-Wide MLS

Source: State-Wide MLS

MLS Number: 1416396

State-Wide MLS
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