715 Cottage St

Pawtucket, RI 02861

$1,300,000
Price
11
Beds
5,664 Sq. Ft.
$230 / Sq. Ft.
5,664
Sq. Ft.
$230
per Sq. Ft.
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New
New

Description

715 Cottage Street is a cash-flowing, six-unit multifamily property built in 1988 that is generating $11,025/month ($132,300 annually) in Pawtucket, RI. The unit mix of one large 1-bedroom and five very large 2-bedroom units is largely updated four of the six units have been renovated, with new kitchens featuring granite countertops, cabinetry, and stainless steel appliances. In-place rents range from $1,750 to $1,950 per month, and even the unrenovated units are producing strong income. Building...715 Cottage Street is a cash-flowing, six-unit multifamily property built in 1988 that is generating $11,025/month ($132,300 annually) in Pawtucket, RI. The unit mix of one large 1-bedroom and five very large 2-bedroom units is largely updated four of the six units have been renovated, with new kitchens featuring granite countertops, cabinetry, and stainless steel appliances. In-place rents range from $1,750 to $1,950 per month, and even the unrenovated units are producing strong income. Building improvements include five new hot water tanks and roughly 90% of windows replaced, and because tenants pay their own utilities, the Property runs on low operating expenses. Priced at $1,300,000, the offering pairs stable cash flow with a straightforward value-add path. Financials and rent roll available upon request.
  1. Listed by John Slyman • Brokerage DRE #REB.0018441 • New England Apartment Group
    P: (508)-330-0325 jhslyman@gmail.com

Amenities

  • Air Conditioning
  • Baseboard Heating
  • Cottage
  • Gas Heat
  • Golf Course Community
  • Granite Kitchen Counter
  • Gym
  • Hot Water Heating
LISTING UPDATED: 07/09/2026 02:56 PM

Property Details for 715 Cottage Street

StatusActive
MLS #1417450
Days on Market1
Taxes$12,436 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1988
Lot Size0.23 AC / 9,900 SF
CountyProvidence County
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Location

Listing Courtesy of New England Apartment Group
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Building Information for 715 Cottage Street

Stories-Residences4Year Built1988Building Size-Lot Size0.23 AC / 9,900 SF

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$7,514 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,478

Property Taxes

$1,036

HOA Dues

$0

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Property Information for 715 Cottage Street

Summary
Location and General Information
  • City: Pawtucket
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Courts
  • Postal City: Pawtucket
  • Postal Code: 02861
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $12,436.00
  • Tax Assessed Value: 540500
  • Tax Block: 0
  • Tax Lot: 00
  • Tax Map Number: 00
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 5664.0
  • Building Area Total: 5664.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.2273
  • Lot Size Area: 9900.0
  • Lot Size Square Feet: 9900.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 715COTTAGESTPAWT
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1988
  • C L I P: 2,201,762,143
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Water Heater
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 11
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Y N: No
  • Flooring: Vinyl
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Rooms Total: 36
Multi Family
Income & Expenses Information
  • Operating Expense: $22,023.00
Unit 1 Information
  • Actual Rent: $5,325.00
  • Description: Remaining units
  • Type: Four Bedroom Or More
  • Unit Type Area: 2900.0
  • Baths Total: 3
  • Beds Total: 5
  • Num of Full Baths: 3
Unit 2 Information
  • Actual Rent: $1,850.00
  • Type: Two Bedroom
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Unit 3 Information
  • Actual Rent: $1,900.00
  • Type: Two Bedroom
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Unit 4 Information
  • Actual Rent: $1,950.00
  • Type: Two Bedroom
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Rental
Rental Information
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 715 Cottage Street

DateEvent & SourcePriceAppreciation
Jul 9, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1417450

$1,300,000—
Oct 21, 2021

Sold (Public Record)

Public Record #1475182221

$700,000

+14.7% / yr

Dec 21, 2018

Sold (Public Record)

Public Record #636703975

$475,000—
DateEvent & SourcePrice
07/09/2026

Listed (Active)

Rhode Island Association of REALTORS® #1417450

$1,300,000
10/21/2021

Sold (Public Record)

Public Record #1475182221

$700,000

+14.7% / yr

12/21/2018

Sold (Public Record)

Public Record #636703975

$475,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 715 Cottage Street

Taxable ValueLand$107,800Additions$432,700Total$540,500
Tax Record2025$7,108 ($592 / month)
Home Facts
Baths6Total Finished SqFt5,286 SqFtAbove Grade Finished SqFt5,286 SqFtStories2Lot Size9,900 SqFtStyleMulti-Family Res (5+ Units)Year Built1988ZoningRTCountyPROVIDENCEAPNPAWT M:04 L:1116

Schools near 715 Cottage Street

This home is within Pawtucket School District.
Rating
School
Type
Grades
Distance
Nathanael Greene School
Public - PK to 5
Samuel Slater Junior High School
Public - 6 to 8
Shea High School
Public - 9 to 12
Elizabeth Baldwin School
Public - K to 5
Rating
School
Distance
Nathanael Greene School
PublicPK to 5

Samuel Slater Junior High School
Public6 to 8

Shea High School
Public9 to 12

Elizabeth Baldwin School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 715 Cottage Street, Pawtucket, RI 02861

715 Cottage Street is a multi-family home for sale in Pawtucket, RI 02861. This property was listed for sale on July 9, 2026 by New England Apartment Group, it's currently listed at $1,300,000. It has been on the market for a total of 1 days and was last sold on October 21, 2021. This listing's school district is Pawtucket School District. Nearby schools include Nathanael Greene School, Samuel Slater Junior High School and Shea High School. 715 Cottage Street is a 11-bed, 6-bath, 5,664 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New England Apartment Group

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.