$750,000
About this home
Exceptional investment opportunity in the heart of Pawtucket! This well-maintained 4-unit multifamily features a total of 10 bdrms and 4 full baths and sits on a highly visible corner lot with two addresses: 58–62 Arch Street & 146–148 Pond Street. Whether you’re looking to expand your investment portfolio or owner-occupy while generating rental income, this property offers outstanding potential. The property has seen numerous capital improvements, including a roof approximately 6 years old and 3 of the 4 furnaces recently replaced, helping reduce future maintenance costs. The building also offers a nice-sized basement, separate utilities, and spacious apartments that provide strong rental appeal. Ideally located just minutes from I-95, the MBTA Commuter Rail, shopping, restaurants, schools, parks, and downtown Pawtucket, this property offers convenience for both owners and tenants alike. With excellent income-producing potential, strong long-term appreciation, and value-add opportunities, this is a rare chance to acquire a sizable multifamily in one of Northern Rhode Island’s fastest-growing markets. Don’t miss this exceptional investment opportunity!
Property details
- MLS #
- 1417923
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 25
- On market date
- July 22, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1148 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 338
- Student:teacher ratio
- 14.1:1
- District
- Pawtucket
- Enrollment
- 628
- Student:teacher ratio
- 13.7:1
- District
- Pawtucket
- Enrollment
- 191
- Student:teacher ratio
- 11.9:1
- District
- Pawtucket
Walkability
Blended score for Pawtucket's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Pawtucket, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 17, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.