715 Cottage St Pawtucket, RI 02861
Darlington NeighborhoodEstimated payment $8,209/month
Highlights
- Marina
- 0.23 Acre Lot
- Tennis Courts
- Golf Course Community
- Community Pool
- Public Transportation
About This Home
715 Cottage Street is a cash-flowing, six-unit multifamily property built in 1988 that is generating $11,025/month ($132,300 annually) in Pawtucket, RI. The unit mix of one large 1-bedroom and five very large 2-bedroom units is largely updated four of the six units have been renovated, with new kitchens featuring granite countertops, cabinetry, and stainless steel appliances. In-place rents range from $1,750 to $1,950 per month, and even the unrenovated units are producing strong income. Building improvements include five new hot water tanks and roughly 90% of windows replaced, and because tenants pay their own utilities, the Property runs on low operating expenses. Priced at $1,300,000, the offering pairs stable cash flow with a straightforward value-add path. Financials and rent roll available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,436
Year Built
- Built in 1988
Home Design
- Vinyl Siding
Interior Spaces
- 5,664 Sq Ft Home
- Vinyl Flooring
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Parking
- 8 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Water Heater
Additional Features
- 9,900 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Assessor Parcel Number 715COTTAGESTPAWT
Community Details
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Community Pool
Additional Features
- 4 Units
- Operating Expense $22,023
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,108 | $540,500 | $107,800 | $432,700 |
| 2024 | $11,675 | $540,500 | $107,800 | $432,700 |
| 2023 | $6,161 | $363,700 | $89,900 | $273,800 |
| 2022 | $6,030 | $363,700 | $89,900 | $273,800 |
| 2021 | $6,030 | $363,700 | $89,900 | $273,800 |
| 2020 | $6,048 | $289,500 | $89,900 | $199,600 |
| 2019 | $6,048 | $289,500 | $89,900 | $199,600 |
| 2018 | $5,828 | $289,500 | $89,900 | $199,600 |
| 2017 | $6,330 | $278,600 | $89,900 | $188,700 |
| 2016 | $6,099 | $278,600 | $89,900 | $188,700 |
| 2015 | $6,099 | $278,600 | $89,900 | $188,700 |
| 2014 | $6,662 | $288,900 | $89,900 | $199,000 |
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 |
|---|---|---|---|---|
| 08/28/2026 08/28/26 | Pending | -- | -- | -- |
| 07/09/2026 07/09/26 | For Sale | $1,300,000 | -- | $230 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | None Available | |
| Trustee Deed | $475,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,250,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $525,000 | Purchase Money Mortgage | |
| Previous Owner | $425,000 | New Conventional | |
| Previous Owner | $144,000 | Commercial |
Source: State-Wide MLS
MLS Number: 1417450
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