$1,300,000
About this home
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.
Property details
- MLS
- Rhode Island Association of REALTORS
- MLS #
- 1417450
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 10
- On market date
- July 9, 2026
- Stories
- N/A
- Total bathrooms
- 6
- Garage spaces
- N/A
- Parking spaces
- 8
- Lot size
- 0.2273 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
- 281
- Student:teacher ratio
- 11.2:1
- District
- Pawtucket
- Enrollment
- 618
- Student:teacher ratio
- 13.4:1
- 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 July 20, 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.