MLS® ID: 1242663
40 Grotto Avenue
Pawtucket, Rhode Island, 02860 $739,900
Property is an 8 unit multifamily located in Pawtucket, Rhode Island on quiet Grotto Avenue. The 7,526 sq.ft building was built in 1990 with each unit containing two bedrooms, bathroom, kitchen and living room. Building is 100% occupied with minimum turnover and a wait list for potential tenants. Other amenities include coin-op laundry and on-site parking (2 spaces per unit). The property is well located near downtown Pawtucket within minutes to Route I-95 (30 minutes to I-93), 146 and the East Side of Providence. Local attractions include Foolproof Brewing Company, Narragansett Brewery, The Met along with numerous restaurants and pubs. Property has been well maintained with renovations and updates apparent throughout. The current rents are currently below market.