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40 Grotto Ave
Pawtucket, RI 02860
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 7,526 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1990 |
| Building Class | C | Parking Ratio | 2.13/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | RM | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,526 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 2.13/1,000 SF |
| Zoning | RM |
ABOUT 40 GROTTO AVE , PAWTUCKET, RI 02860
Property is an 8 unit multifamily located in Pawtucket, Rhode Island on quiet Grotto Avenue. The 7,526 sq.ft building was built in 1990 with each unit containing two bedrooms, bathroom, kitchen and living room. Building is 100% occupied with minimum turnover and a wait list for potential tenants. Other amenities include coin-op laundry and on-site parking (2 spaces per unit). The property is well located near downtown Pawtucket within minutes to Route I-95 (30 minutes to I-93), 146 and the East Side of Providence. Local attractions include Foolproof Brewing Company, Narragansett Brewery, The Met along with numerous restaurants and pubs. Property has been well maintained with renovations and updates apparent throughout. Proforma is available upon request.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | 940 |
PROPERTY TAXES
| Parcel Number | PAWT-000052-000000-000858 | Improvements Assessment | $641,200 |
| Land Assessment | $87,200 | Total Assessment | $728,400 |
PROPERTY TAXES
