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Sold for $625,501 on 05/22/23
  • $625,501

    138 Kenyon Ave, Pawtucket, RI 02861

    8beds
    4,329sqft
    4 Family
    Built in 1900
    -- sqft lot
    $796,900 Zestimate®
    $144/sqft
    $1,605 Estimated rent

    Home value

    $796,900

    $725,000 - $869,000

    $1,605/mo

    Zestimate® history
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    $3,868/mo

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    What's special

    Cash flow day 1 at this rare, meticulously cared-for large 4-family located on the MA border in Pawtucket, RI in a quiet residential neighborhood. This property presents an incredible investment opportunity for those seeking to expand their portfolio in the booming Pawtucket real estate market. Pride in ownership shows throughout this truly turnkey property. Featuring two 3-bedroom units and two 1-bedroom units. All apartments in excellent condition and relatively updated. Newer plumbing and electrical wiring. Tenants are below market rent, estimated market rents are 31% higher. 4-bay garage for an additional $4000-6000 per year of income. Also Coin-Op for an additional $1,200 per year. Tenants pay their own utilities, plenty of off-street parking. This beautiful property is already hard-wired with smoke and carbon monoxide detectors, fully compliant with a local fire alarm system. 4 minutes from the South Attleboro Train Station. 9.8% Cash on Cash Returns On Day 1 With Upside to 18%.

    Zillow last checked: 8 hours ago

    Listing updated: May 22, 2023 at 12:27pm

    Listed by:

    John Slyman 508-330-0325,

    John Slyman 508-330-0325

    Bought with:

    Fida Salameh

    Peace of Mind Property Management & Real Estate, Inc.

    Source: MLS PIN,MLS#: 73105897

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Oil, Natural Gas, Electric
    Features
    • Flooring: Hardwood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,329
    • Total interior livable area: 4,329 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Paved Drive, Off Street
    • Garage spaces: 4
    • Uncovered spaces: 7
    Features
    • Patio & porch: Porch, Enclosed
    • Exterior features: Rain Gutters
    • Fencing: Fenced
    Lot
    • Size: 1,019 sqft
    Details
    • Parcel number: 400456
    • Zoning: RT

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
    • Sewer: Public Sewer
    • Water: Public, Individual Meter

    Community & neighborhood

    Location
    • Region: Pawtucket

    HOA & financial

    Other financial information
    • Total actual rent: 4795

    Price history

    DateEventPrice
    5/22/2023Sold$625,501+8.8%$144/sqft
    Source: MLS PIN #73105897
    5/2/2023Listed for sale$575,000$133/sqft
    Source: MLS PIN #73105897

    Public tax history

    YearProperty taxesTax assessment
    2025$6,880 $557,500
    2024$6,880 +4.2%$557,500 +40%
    2023$6,602 $398,200

    Find assessor info on the county website

    Neighborhood: Pine Crest

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $796,900
    2% more+ $15,938
    With Zillow Showcase(estimated)
    $812,838