10 Saratoga Avenue
Pawtucket, RI, 02861 $ 2,150,000
Bedrooms-- Baths-- Sq 8,578 Monthly Estimate*
$ 13,575
for $2,150,000. This 8,578 square foot building was built in 1988 on a lot size of 0.4017.
Opportunity to own a two-building, brick nine-unit multifamily package at 10 Saratoga Street (built 2008) and 26 Saratoga Street (built 1988) in Pawtucket, RI. This is a cash-flowing asset generating $18,235/month ($218,820 annually). The all 2-bedroom mix includes three premium, fully renovated townhouse style 2BR/1.5-bath units commanding $2,375 $2,495 per month, alongside six 2BR/1-bath apartments. Renovated units showcase granite countertops, stainless steel appliances (including dishwashers), new cabinetry, new bathroom vanity, new flooring, and central air conditioning runs throughout every unit. Because tenants pay their own heat, hot water, and electricity, owner operating expenses stay low supporting a 7.0% in-place cap rate that rises to 7.5% at market. A new roof, replacement windows across half the property, and ample parking (including a large rear lot) round out a turnkey, low-maintenance asset. Priced at $2,150,000, the offering pairs immediate cash flow with additional upside. Financials and rent roll available upon request.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Natural Gas Connected
Construction Materials Brick
Year Built 1988
Electric 100 Amp Service
Property Subtype Commercial
Tax Year 2025
Gross Income 220320
Business Type Residential
Community Features Golf Highway Access Marina Near Hospital Near Schools Other Pool Public Transportation Recreation Area Restaurant Shopping See Remarks Tennis Court(s)
County Providence
Operating Expense 51599
New Construction false
Property Type Commercial Sale
Status Active
City Pawtucket
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 17500
Land Lease Y/N false
Tax Annual Amount 20961
Structure Type Apartment
Standard Status Active
Tax Assessed Value 1166800
Tax Lot 000
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InteriorBasement Full
Total Stories 0
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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ExteriorWater Source Public
Total Parking 25
Inclusions 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.
Lot Size Area 17500
Number of Buildings 2
Building Area Total 8578
Lot Size Acres 0.4017
Road Surface Type Concrete
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* Excluded FeaturesList ByNew England Apartment GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $13,575
- Monthly Property Taxes
- $1,747
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Pawtucket, RI
Average List Price $1,104,890
Percent of Sale Price 49%
About Pawtucket, RI 71,192 Population
-2% Since 2002
$ 44,837 Median Income
38.96 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $2,150,000 | | Listed Price |