60  | Image 1
60  | Image 2
60  | Image 3
60  | Image 4
60  | Image 5
60  | Image 6
60  | Image 7

$2,500,000

Sold

4 months ago

MLS® 1416409

Buyer represented by Paula Torres of Keller Williams Leading Edge

0 Bed

0 Bath

12704 sqft

28 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 12704 sqft
Garage 
Taxes $28,436
Lot Size 0.4408 Acres
Approx. Age 1991
Avg. Price Per Sqft $196
MLS® Number 1416409

Property Address: 60 Esten & 61 Vale Avenue, Pawtucket, RI, 02860

Average square foot calculated using Size range provided by listing agent.

Description

This impressively renovated twelve-unit offering at 60 Esten Street and 61 Vale Street in Pawtucket consists of two 1991-built buildings, each with six large 2-bedroom units. The Property currently generates $23, 225 in monthly rental income ($278, 700 annually) with clear upside to a market level of $26, 400/month approximately 14% as units turn. In-place rents range from $1, 500 to $2, 125 per month, with the renovated units achieving $2, 075 to $2, 125 and a market target of $2, 200 across the board. Eight of the twelve units have been fully renovated with brand-new kitchens featuring high-end cabinetry, granite countertops, and stainless steel appliances, plus new flooring and fully updated bathrooms; six of those include in-unit washer/dryer (four at Esten, two at Vale), a standout amenity that commands premium rents. The remaining units are clean, well-maintained, and already achieving strong rents, offering a clear path to additional income. Key capital improvements are in place, including new boilers in both buildings, new windows on roughly half the Property, painted hallways, and new rubber stair treads, minimizing short-term capital expenditure. Ideal for an investor seeking large, well-renovated units, proven income, and one of the strongest rent-growth profiles available.
MLS® Number1416409
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1991
BasementNone
Driveway
Garage Spaces
HeatBaseboard
A/CNone

Extras

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.

Price History

Aug 28, 2026End Date
$2,320,000Sold Price

Sold

Jun 25, 2026List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
60 , Pawtucket, RI

Curious about your home's value?

Similar Listings

Comparable Properties