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For sale
  • $899,999

    47 Montgomery St, Pawtucket, RI 02860

    8beds
    3,500sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $882,600 Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Upgrading kitchens
    47 Montgomery presents a high-income generating investment opportunity: it generates $9,992 per month ($120K annually), making it the most lucrative cash flowing deal currently available in Rhode Island. This seven-unit property features a mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and a studio unit. Tenants cover their own electric and heating costs. Owner pays for hot water. The current owner has invested $75k in recent renovations, upgrading kitchens, bathrooms, flooring, and appliances across multiple units. Additionally, all electrical wiring has been replaced, and common area hallways have been refreshed. 47 Montgomery is fully turnkey, offering immediate cash flow and significant potential for further value enhancement. Detailed financials are available upon request.
    16 days
    on Zillow
    |
    314
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 12, 2025 at 09:36pm

    Listed by:

    John Slyman 508-330-0325,

    New England Apartment Group

    Source: StateWide MLS RI,MLS#: 1386525MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 47 Montgomery St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Electric, Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    • Laundry: In Building
    Features
    • Flooring: Vinyl
    • Basement: Full,Interior and Exterior,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,600
    • Total interior livable area: 3,500 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Stories: 3
    Lot
    • Size: 3,519.65 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Other Siding
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
    HOA
    • Has HOA: No
    Location
    • Region: Pawtucket

    Financial & listing details

    • Price per square foot: $257/sqft
    • Annual tax amount: $7,969
    • Date on market: 6/2/2025
    • 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.
    • Total actual rent: 9842
    • Tenant pays: Heat
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