28 summer street Pawtucket, RI 02860
- 5 Beds
- 5 Baths
- 2,495 Square Feet
Rare 2 Building investment opportunity, 26-28 Summer St. to own the only legal residences currently in the heart of the Historic Downtown Pawtucket District. Located across the street of an approved 60,000 sq ft 27 unit high-end apartment, conference center and office development, the YMCA, Historic Library, future train station and all other amenities including I-95 with a 40 min ride to Boston or 5 min ride to Providence and the East Side, this 4-family is packaged with a connected 5th Single Unit property including 10 off street deeded parking spots! All 5 units have been 100% rehabilitated over the past 2 years. Renovations include new rubber roof, New hardwired fire alarm system (4 family), plumbing, a/c, electrical, granite kitchens, new bathrooms, new exterior features, hardwood flooring, etc. This is a 100% turnkey investment property earning $68,520 in revenue per year as a combined sale of 26 and 28 Summer Street. See MLS # 72450616
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Pawtucket began as a mill city and was the site of the Slater Mill, where America’s industrial revolution began with machines for spinning cotton yarn. Today, many of the mills have been rehabbed into housing. What now characterizes the city of Pawtucket is its flourishing arts initiative.
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LISTED BY: HOMESMART PROFESSIONALS REAL ESTATE