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Overview

  • Updated On:
  • June 13, 2025
  • 7
  • Bathrooms
  • 18
  • Rooms
  • 8
  • Bedrooms
  • 0 ac
  • Property Lot Size

47 Montgomery Street, Pawtucket, Residential Income

$ 899,999
47 Montgomery Street, Pawtucket

Description

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.

Property Id: 554124
Price: $ 899,999
Property Lot Size: 0 ac
Rooms: 18
Bedrooms: 8
Bathrooms: 7
Basement: Full,Interior and Exterior,Unfinished
Bathrooms Full: 7
Building Area Total (sqft): 4600
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.
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Interstate,Private School,Public School,Railroad,Recreational Facilities,Restaurants,Schools,Shopping
Construction Materials: Other Siding
Cooling: None
Parking Total: 3
Electric: 100 Amp Service
Flooring: Vinyl
Garage Spaces: 1
Heating: Electric,Natural Gas,Baseboard
Laundry Features: In Building
MLS Listing #: 1386525
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size SQFT: 3520
MLS Status: Active
Number Of Units Total: 4
Parking Features: Detached
Sewer: Connected,Public
State: RI
Stories: 3
Street Name: Montgomery
Street Number: 47
StreetNumberNumeric: 47
Street Suffix: Street
Structure Type: Apartment
Annual Taxes: 7969
Water Source: Connected,Public
Year Built: 1900

Address: 47 Montgomery Street
City:
State/County:
Zip: 02860
Country: US

Other Features
Gas Water Heater
Has Garage
Has Heating System
Property Attached

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$ 5,326.72
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,201.72

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DISCLAIMER TEXT: 47 Montgomery Street | 554124 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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