About 715 Cottage St
715 Cottage Street is a cash-flowing, six-unit multifamily property built in 1988 that is generating $11,025/month ($132,300 annually) in Pawtucket, RI. The unit mix of one large 1-bedroom and five very large 2-bedroom units is largely updated four of the six units have been renovated, with new kitchens featuring granite countertops, cabinetry, and stainless steel appliances. In-place rents range from $1,750 to $1,950 per month, and even the unrenovated units are producing strong income. Building improvements include five new hot water tanks and roughly 90% of windows replaced, and because tenants pay their own utilities, the Property runs on low operating expenses. Priced at $1,300,000, the offering pairs stable cash flow with a straightforward value-add path. Financials and rent roll available upon request.
Pricing and availability subject to change.
Amenities
| Utilities |
Sewer Connected
|
| Parking Spaces |
8
|
| Parking |
No Garage
|
| Garages |
No Garage
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Interior |
Vinyl
|
| Appliances |
Water Heater
|
| Heating |
Baseboard, Gas
|
| Cooling |
Window Unit(s)
|
| Fireplace |
No
|
| Has Basement |
No
|
| Basement |
None
|
Exterior
| Exterior |
Vinyl Siding
|
| Construction |
Vinyl Siding
|
