9 Melton St

Pawtucket, RI 02860

$1,750,000
Price
16
Beds
8,226 Sq. Ft.
$213 / Sq. Ft.
8,226
Sq. Ft.
$213
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

9 Melton Street is a cash-flowing, nine-unit multifamily property generating $15,440/month ($185,280 annually) in Pawtucket, RI. The unit mix of seven 2-bedroom/1-bath and two 1-bedroom/1-bath apartments is largely renovated seven of the nine units have been fully updated with new cabinetry, granite countertops, new flooring, new appliances, and new bathroom vanities and major systems are new, including the roof, windows, and boilers. In-place rents sit below market, offering approximately 11% upside...9 Melton Street is a cash-flowing, nine-unit multifamily property generating $15,440/month ($185,280 annually) in Pawtucket, RI. The unit mix of seven 2-bedroom/1-bath and two 1-bedroom/1-bath apartments is largely renovated seven of the nine units have been fully updated with new cabinetry, granite countertops, new flooring, new appliances, and new bathroom vanities and major systems are new, including the roof, windows, and boilers. In-place rents sit below market, offering approximately 11% upside to a $17,100/month ($205,200 annually) market level as leases roll. Priced at $1,750,000 ($194,444 per unit) a 7.2% in-place cap rate rising to 8.2% at market the offering combines immediate cash flow with a strong value-add profile. 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
  • Common Laundry
  • Gas Heat
  • Golf Course Community
  • Granite Kitchen Counter
  • Gym
  • Hot Water Heating
LISTING UPDATED: 06/25/2026 02:53 PM

Property Details for 9 Melton Street

StatusActive
MLS #1416377
Days on Market5
Taxes$17,924 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1988
Lot Size0.20 AC / 8,817 SF
CountyProvidence County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of New England Apartment Group
Add your commute

Building Information for 9 Melton Street

Stories-Residences4Year Built1988Building Size-Lot Size0.20 AC / 8,817 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$10,214 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,720

Property Taxes

$1,494

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 9 Melton 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: 02860
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 13
Taxes and HOA Information
  • Tax Annual Amount: $17,924.00
  • Tax Assessed Value: 779000
  • Tax Block: 00
  • Tax Lot: 00
  • Tax Map Number: 00
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 8226.0
  • Building Area Total: 8226.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.2024
  • Lot Size Area: 8817.0
  • Lot Size Square Feet: 8817.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 9MELTONSTPAWT
  • Stories Total: 0
  • 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: 3,073,985,938
Utilities
  • Electric: Amps100, Separate Meters
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 9
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 16
  • Cooling: Wall Units
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Vinyl
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Laundry Features: Common Area
  • Rooms Total: 54
Multi Family
Income & Expenses Information
  • Operating Expense: $46,310.00
Unit 1 Information
  • Actual Rent: $9,945.00
  • Description: Remaining units
  • Unit Type Area: 5800.0
  • Baths Total: 6
  • Beds Total: 10
  • Num of Full Baths: 6
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,800.00
  • Type: Two Bedroom
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,895.00
  • Type: Two Bedroom
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,800.00
  • Type: Two Bedroom
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 9 Melton Street

DateEvent & SourcePriceAppreciation
Jun 25, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1416377

$1,750,000—
Jan 16, 2024

Sold (Public Record)

Public Record #1525496632

$1,010,000

+12.6% / yr

Sep 9, 2018

Sold (Public Record)

Public Record #631043226

$535,000

+25.4% / yr

DateEvent & SourcePrice
06/25/2026

Listed (Active)

Rhode Island Association of REALTORS® #1416377

$1,750,000
01/16/2024

Sold (Public Record)

Public Record #1525496632

$1,010,000

+12.6% / yr

09/09/2018

Sold (Public Record)

Public Record #631043226

$535,000

+25.4% / yr

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

Public Records for 9 Melton Street

Taxable ValueLand$79,400Additions$699,600Total$779,000
Tax Record2025$10,244 ($854 / month)
Home Facts
Baths9Total Finished SqFt7,688 SqFtAbove Grade Finished SqFt7,688 SqFtStories2Lot Size8,817 SqFtStyleMulti-Family Res (5+ Units)Year Built1988ZoningRMCountyPROVIDENCEAPNPAWT M:52 L:0873

Schools near 9 Melton Street

This home is within Pawtucket School District.
Rating
School
Type
Grades
Distance
Flora S. Curtis School
Public - PK to 5
Lyman B. Goff Middle School
Public - 6 to 8
Jacqueline M. Walsh School
Public - 9 to 12
Potter-Burns School
Public - K to 5
Rating
School
Distance
Flora S. Curtis School
PublicPK to 5

Lyman B. Goff Middle School
Public6 to 8

Jacqueline M. Walsh School
Public9 to 12

Potter-Burns 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.

Similar Homes

Explore Nearby Homes

More information about 9 Melton Street, Pawtucket, RI 02860

9 Melton Street is a multi-family home for sale in Pawtucket, RI 02860. This property was listed for sale on June 25, 2026 by New England Apartment Group, it's currently listed at $1,750,000. It has been on the market for a total of 5 days and was last sold on January 16, 2024. This listing's school district is Pawtucket School District. Nearby schools include Flora S. Curtis School, Lyman B. Goff Middle School and Jacqueline M. Walsh School. 9 Melton Street is a 16-bed, 9-bath, 8,226 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.