$605,000
6
Beds
3
Baths
2,450
Living Area
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Property Description
Multifamily investment opportunity in Pawtucket, RI. This 2,450 sq ft triplex at 518 Lonsdale Ave features three 2-bedroom, 1-bathroom units, each occupying its own floor with a self-contained, private layout. All three units are currently occupied — rental income begins from day one. The property includes two off-street parking spaces, vinyl siding exterior, and a steam heating system. RM zoning supports continued multifamily use.Located under two miles from downtown Providence with direct access to I-95, Route 146, and the MBTA Providence/Stoughton commuter rail line — direct service to Boston South Station. Strong tenant demand is supported by Pawtucket's ongoing Blackstone Valley corridor investment. Priced at $599,000. Ideal for the buy-and-hold investor, 1031 exchange buyer, or owner-occupant. Schedule your showing today.
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Highlights
- Heating: Baseboard, Natural Gas, Space Heater
- Parking Spots: 5
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 12
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1912
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Finished, Interior Entry
- Flooring: Wood, Laminate
- Interior Features: Kitchen, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rm
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
- Parking Features: Off Street
- Covered Parking Spaces: 2
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $400,600
- Taxes: $5,268
- Tax Year: 2025
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Listing information provided courtesy of Innovations Realty.
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