CCertihomes
166 Division, Pawtucket, RI 02860

$920,000

7 beds 4 baths Built 1900Active

About this home

Great opportunity to own this money maker! This 6-unit multifamily is located in the center of Quality Hill, right in Downtown Pawtucket and within 5 mins drive to the Pawtucket/Central Falls Transit Center, serviced by the MBTA, with a route to South Station Boston, MA. Conveniently located near to RT 1 and 95, within 15 mins drive to Downtown Providence. This residential multi-family consists of 2 one bedroom apartments and 4 two bedroom apartments. All rented under market rent with a mix of leases and month-to-month tenants. Several apartments have been updated recently to include more modern finishes. Separate electric meters for each unit. Owner pays for heating (1 gas meter). The 4000+ lot provides sufficient space for 4 parking spaces for tenant parking. Property to be sold in as-is condition. Rental income for all 6 units = $5700. Listed as Commercial at MLS# 1356272

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,819/mo

Real estate (PITI + HOA + PMI)
$6,144
Principal + interest$4,173
Property tax + insurance$1,626
PMI / 2nd mortgage$345
Utilities
$3,568
Heating + cooling$1,631
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$7,819/mo TLC
Budget$8,319/mo
Remaining after TLC$500/mo
Purchase price
$920,000
Down payment
$46,000 (5%)
Loan amount
$874,000
APR
4%

Quick facts

Type
Rental
Style
Year built
1900
Lot size
0.1 ac
Stories
3
Heating
Oil, Baseboard, Forced Water, Gas Connected
Cooling
None
Water
Connected, Municipal
HOA
Annual tax
$5,770
MLS #
1357701
County
Providence

At a glance

Basement

Home features

Appliances
Gas Water Heater
Interior
Plumbing: OtherInsulation: Unknown
Parking
No Garage
Fireplace
None
Flooring
Other
Sewer
Public Connected

Neighborhood — 02860

MetricThis ZIPCountyUSA
Population48,4181,095,423299,088,112
Population Change Since19904.00%9.00%20.00%
Population Density9,360994
Male23,314529,266147,432,321
Female25,104566,157151,655,844
Never Married13,665266,40463,775,926
Married14,369435,678123,120,365
Separated2,83843,64212,639,686
Widowed2,76966,66815,467,586
Divorced4,27383,84323,075,029
Number Of House Hold19,587410,399111,826,380
Average House Hold Size2.442.562.60
Medial Age32.7937.2735.46
Median House Hold Income$28,588$47,553$48,276
Average House Hold Income$40,233$61,609$63,629
P C I$16,660$23,965$24,529
M D I$25,843$40,634$41,133
A T H E$37,887$49,940$50,898
S T R7.00%7.00%
W C J72.08%78.02%77.74%
(Zip) Code
2860

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/26/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

166 Division · Pawtucket — $920,000 · Certihomes