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Sold for $460,000 on 01/03/25
  • $460,000

    51 Cato Ave, Pawtucket, RI 02860

    4beds
    1,740sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $473,700 Zestimate®
    $264/sqft
    $1,937 Estimated rent

    Home value

    $473,700

    $422,000 - $531,000

    $1,937/mo

    Zestimate® history
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    What's special

    Charming updated two-family home in prime location! McCoy side of Pawtucket! Perfectly situated on a desirable corner lot. This property features two spacious 2-bedroom, 1-bath units, ideal for both investors and owner-occupants. The second floor has been tastefully remodeled, offering modern finishes and a fresh, inviting atmosphere. The first-floor unit currently houses a long-term tenant, providing immediate rental income. Each unit boasts ample living space and natural light, making it a comfortable home for residents. Enjoy the convenience of a large driveway, providing plenty of parking for you and your guests as well as a small side yard space for outdoor relaxation or gardening. Recent updates include newer roof, updated electrical, and efficient water tanks, ensuring peace of mind for years to come. The basement features laundry hookups for both units and additional storage, adding to the property's functionality. Located just minutes from the Massachusetts line this home is close to all amenities, including shopping, dining and public transportation. Don't miss out on this fantastic opportunity to own a well-maintained two-family house in a sought-after area. This home is eligible for a unique financing community lending program at 5.5% int w/ 3% down, ZERO points, no pmi, 30-year fixed mortgage for qualified first-time home buyer's w/ a minimum credit score of 660. Save hundreds per month in mortgage payment!

    Zillow last checked: 8 hours ago

    Listing updated: January 06, 2025 at 12:03pm

    Listed by:

    The Stearns McGee Team 401-356-1519,

    RE/MAX Properties,

    Rachel Baptista Da Moeda 401-692-1796,

    RE/MAX Properties

    Bought with:

    Marcus Randolph, RES.0042793

    eXp Realty

    Source: StateWide MLS RI,MLS#: 1373281MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
    • Laundry: In Building
    Features
    • Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Vinyl, Carpet
    • Basement: Full,Interior Entry,Unfinished,Common,Laundry,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,740
    • Total interior livable area: 1,740 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 2,552 sqft
    Details
    • Parcel number: PAWTM26L0572
    • Zoning: RT
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

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

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Highway Access, Private School, Public School, Railroad, Restaurants, Schools, Near Shopping
    Location
    • Region: Pawtucket
    • Subdivision: Mccoy

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    1/3/2025Sold$460,000+2.2%$264/sqft
    Source: StateWide MLS RI #1373281
    12/3/2024Pending sale$450,000$259/sqft
    Source: StateWide MLS RI #1373281
    11/19/2024Listed for sale$450,000+60.7%$259/sqft
    Source: StateWide MLS RI #1373281
    8/16/2024Sold$280,000+27.9%$161/sqft
    Source: Public Record
    9/20/2017Listing removed$725
    Source: Keller Williams Realty NRI #1171137

    Public tax history

    YearProperty taxesTax assessment
    2025$4,099 $332,200
    2024$4,099 +10.6%$332,200 +48.6%
    2023$3,706 $223,500

    Find assessor info on the county website

    Neighborhood: Quality Hill

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $473,700
    2% more+ $9,474
    With Zillow Showcase(estimated)
    $483,174