Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P&L available upon request.
Multi-familyProperty Type
1930Year Built
2,115 sq ftLot Size
$156Price/Sq.Ft.
Listed by Spectrum Real Estate Consultants• Keller Williams Realty Leading Edge
Exceptional mixed-use investment opportunity, bringing in over $120,000 in income with a 9.5% cap rate! This property is on the Pawtucket/Massachusetts border and is a fully renovated 6-unit building includes 5 residential units and 1 commercial unit. There is a restaurant with a long-term lease (tenant contributes to property taxes) on the first floor. The rest of the building consists of 5 residential units totaling 10 bedrooms and 6 bathrooms, including a 3-bed, 2-bath unit. All residential units have been renovated floor to ceiling with new kitchens, granite countertops, stone herringbone backsplashes, stainless appliances, new windows, and updated bathrooms. New fire panel installed. Located within 9 minutes of the commuter rail. P & L available upon request.
MLS PIN #73471060
Apr 17, 2026
Sold
$1,000,000
$156/sq ft
Jan 22, 2026
Listed
$1,050,000
$164/sq ft
RIS #1390594
Aug 15, 2025
Listing Removed
—
Jul 21, 2025
Listed
$1,075,000
$167/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,527
$114,500 + $305,800
$420,300
2024
$114,500 + $305,800
$420,300
2023
$95,400 + $177,600
$273,000
2022
$95,400 + $177,600
$273,000
2021
$95,400 + $177,600
$273,000
2020
$95,400 + $129,900
$225,300
2019
$95,400 + $129,900
$225,300
2018
$95,400 + $129,900
$225,300
2017
$102,600 + $129,700
$232,300
2016
$102,600 + $129,700
$232,300
2015
$102,600 + $129,700
$232,300
2014
$111,600 + $120,500
$232,100
2013
$111,600 + $120,500
$232,100
2012
$133,900 + $120,500
$254,400
Public record
Public record
Permits
Beds
8
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
2,178 Sq. Ft.
Year renovated
—
Sq. Ft.
6,413
Year built
1930
Style
Other
County
Providence County
APN
399819
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Feb 10, 2025 • Final
Mechanical
Install baseboard heating in four separate units.
HVAC
Oct 21, 2024 • Final
Right-of-way physical alteration permit - both major and minor
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Open Parking Spaces: 0
Interior
Bathroom Information
# of Bathrooms (Full): 6
# of Bathrooms (Half): 1
Interior Features
# of Rooms (Total): 24
Flooring: Tile, Vinyl
Exterior
Building Information
Building Area (Total): 6,420
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 5+ Family - 5+ Units Side by Side
Above Grade Finished Area: 6420
Levels: 5
Lot Information
Lot Size (Acres): 0.05
Lot Features: Corner Lot
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $9,079
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Heating Units: 6
Cooling Units: 0
Location
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
Lease: Y
Unit #4 Information
# of Levels: 1
Lease: Y
Location Information
Directions: USE GPS
UnparsedAddress: 735 Broadway, Pawtucket RI 02861
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 6,413
Stories: 3.0
Lot Size: 2,178 square feet
Style: Other
Year Built: 1930
Year Renovated: —
County: Providence County
APN: 399819
Home facts updated by county records on Jun 22, 2026
Other
Miscellaneous Information
Heat Zones: 6
Listing Information
StandardStatus: Closed
Around this home
Schools
Curvin-McCabe School
Public K-5 • Assigned • 0.5mi
5/10
Joseph Jenks Junior High School
Public 6-8 • Assigned • 1.2mi
3/10
William E. Tolman High School
Public 9-12 • Assigned • 1.0mi
2/10
Provided by GreatSchools
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
6/10 Heat Factor
7 hot days expected this year, 15 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Pawtucket, RI • 02861
Average low and high temperatures (°F)
36
20
37
21
51
32
60
41
69
51
81
61
84
66
79
59
74
57
64
47
54
37
41
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.