47 Montgomery Street
Pawtucket, RI 02860
Map
- 8 beds
- 7 baths
- 4,600 sqft
- 3,520 sqft lot
- $195 per sqft
- 1900 build
47 Montgomery presents a high-income generating investment opportunity: it generates $9,992 per month ($120K annually), making it the most lucrative cash flowing deal currently available in Rhode Island. This seven-unit property features a mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and a studio unit. Tenants cover their own electric and heating costs. Owner pays for hot water. The current owner has invested $75k in recent renovations, upgrading kitchens, bathrooms, flooring, and appliances across multiple units. Additionally, all electrical wiring has been replaced, and common area hallways have been refreshed. 47 Montgomery is fully turnkey, offering immediate cash flow and significant potential for further value enhancement. Detailed financials are available upon request.
Last checked:
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Last updated Jun 2, 2025
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MLS# 1386525 —
The Building
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Year Built:1900
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New Construction:false
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Building Area Total:4600.0
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Construction Materials:Other
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Structure Type:Apartment
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Stories Total:3
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Basement:ExteriorEntry,Full,InteriorEntry,Unfinished
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Basement:true
Interior
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Flooring:Vinyl
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Fireplace:false
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Laundry Features:CommonArea
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.880476
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Longitude:-71.38485
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.0808
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Lot Size Area:3520.0
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Lot Size Square Feet:3520.0
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Lot Size Units:SquareFeet
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Parcel Number:47MONTGOMERYSTPAWT
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (508) 330-0325
- Office phone:
- (508) 330-0325
Taxes
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Tax Year:2024
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Tax Annual Amount:7969.0
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Tax Assessed Value:403400
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Tax Lot:185
Beds
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Bedrooms Total:8
Baths
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Total Baths:7
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Full Baths:7
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/47-Montgomery-Street-Pawtucket-RI-02860
Heating & Cooling
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Heating:Baseboard,Electric,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:Amps100
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Sewer:Connected,PublicSewer
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Water Source:Connected,Public
Appliances
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Appliances:GasWaterHeater
The Community
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Senior Community:false
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Community Features:Golf,HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping
Parking
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Parking Total:3.0
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Parking Features:Detached,Garage
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Attached Garage:false
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Garage:true
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Garage Spaces:1.0
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Covered Spaces:1.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/2/25
Jun 2, 2025
|
Listed / Active | RIMLS | $899,999 | 504.0% (21.2% / YR) |
|
8/27/01
Aug 27, 2001
|
MLSPIN | $149,000 |
