49 Grotto Avenue

Pawtucket, RI 02860

$485,000
Last Sold Price
8
Beds
3
Baths
3,684 Sq. Ft.
$132 / Sq. Ft.
3,684
Sq. Ft.
$132
per Sq. Ft.

Description

Calling all investors and owner-occupants! 49 Grotto Ave in Pawtucket is the ideal money-making property. Three units - 4 baths with potential in-law unit in basement. there is nothing to do except start earning that extra income! Each unit offers at least 1000 square feet of living, with three bedrooms and one bathrooms in the first two units, and two bedrooms and one bathroom in the third. This property has been very well maintained with fresh paint and new flooring throughout the building, with...Calling all investors and owner-occupants! 49 Grotto Ave in Pawtucket is the ideal money-making property. Three units - 4 baths with potential in-law unit in basement. there is nothing to do except start earning that extra income! Each unit offers at least 1000 square feet of living, with three bedrooms and one bathrooms in the first two units, and two bedrooms and one bathroom in the third. This property has been very well maintained with fresh paint and new flooring throughout the building, with some kitchen updates as well. All units are fully rented at market value and ready to go. Plenty of off street parking for tenants, and conveniently located to Mineral Spring Ave and Route 95.
  1. Listed by Kyle Seyboth • Century 21 The Seyboth Team

Amenities

  • Basement
  • Street Parking

Location

Listing Courtesy of Century 21 The Seyboth Team

Sold By Divine Real Estate

Add your commute
LISTING UPDATED: 03/20/2023 10:24 AM

Property Details for 49 Grotto Avenue

StatusClosed
MLS #1322927
Days on Market88
Taxes$3,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyProvidence County

Location

Listing Courtesy of Century 21 The Seyboth Team

Sold By Divine Real Estate

Add your commute

Building Information for 49 Grotto Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$2,941 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$294

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 49 Grotto Avenue

Summary
Location and General Information
  • Postal City: Pawtucket
  • County: Providence
  • City: Pawtucket
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Tax Annual Amount: $3,524.00
  • Tax Assessed Value: 248000
  • Tax Lot: 0441
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.09
  • Lot Size Area: 3920.0
  • Lot Size Square Feet: 3920.0
  • Lot Size Units: Square Feet
  • Building Area Total: 3,684.00
  • Parcel Number: 49GROTTOAVPAWT
  • Living Area Source: Other
Property and Assessments
  • Senior Community: No
  • Business Type: Other
  • Construction Materials: Vinyl Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Stories Total: 0
  • Year Built: 1900
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Baseboard, Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Rooms Total: 16
MultiFamily
Income & Expenses
  • Operating Expense: $4,000
Unit 1
  • Unit Type 1: 2 Bedroom
  • Unit Type Actual Rent 1: $1,500.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
Unit 2
  • Unit Type 2: 3 Bedroom
  • Unit Type Actual Rent 2: $1,750.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 3
Unit 3
  • Unit Type 3: 3 Bedroom
  • Unit Type Actual Rent 3: $1,750.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 3
Rental Information
Rent Information
  • Land Lease: false

Property History for 49 Grotto Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 49 Grotto Avenue

Taxable ValueLand$51,700Additions$196,300Total$248,000
Tax Record2023$4,201 ($350 / month)
Home Facts
Baths3Total Finished SqFt2,378 SqFtAbove Grade Finished SqFt2,378 SqFtStories2Lot Size4,000 SqFtStyleTriplexYear Built1900ZoningRMCountyPROVIDENCEAPNPAWT M:52 L:0441

Schools near 49 Grotto Avenue

This home is within Pawtucket School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Cunningham School
PublicK 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 The Seyboth Team

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.