735 Broadway Pawtucket, RI 02861
Darlington NeighborhoodEstimated payment $6,161/month
Highlights
- Medical Services
- Corner Lot
- Jogging Path
- Property is near public transit
- Tennis Courts
- 2-minute walk to John St. Park
About This Home
Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.
Listing Agent
Spectrum Real Estate Consultants
Keller Williams Realty Leading Edge Listed on: 01/22/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,079
Year Built
- Built in 1930
Lot Details
- 2,115 Sq Ft Lot
- Corner Lot
Home Design
- 6,420 Sq Ft Home
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
Additional Features
- Property is near public transit
- 6 Heating Zones
Listing and Financial Details
- Assessor Parcel Number 399819
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
Building Details
- Net Operating Income $106,680
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $5,527 | $420,300 | $114,500 | $305,800 |
| 2024 | -- | $420,300 | $114,500 | $305,800 |
| 2023 | $0 | $273,000 | $95,400 | $177,600 |
| 2022 | $0 | $273,000 | $95,400 | $177,600 |
| 2021 | $0 | $273,000 | $95,400 | $177,600 |
| 2020 | $0 | $225,300 | $95,400 | $129,900 |
| 2019 | $5,839 | $225,300 | $95,400 | $129,900 |
| 2018 | $0 | $225,300 | $95,400 | $129,900 |
| 2017 | $0 | $232,300 | $102,600 | $129,700 |
| 2016 | -- | $232,300 | $102,600 | $129,700 |
| 2015 | -- | $232,300 | $102,600 | $129,700 |
| 2014 | -- | $232,100 | $111,600 | $120,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2026 02/12/26 | Pending | -- | -- | -- |
| 01/22/2026 01/22/26 | For Sale | $1,050,000 | -- | $164 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $400,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $75,000 | -- | |
| Warranty Deed | $75,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73471060
APN: PAWT-000005-000000-000519
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