166 Division St Division StPawtucket, RI 02860

This exceptional investment opportunity presents a three-story, six-unit apartment building situated at 166 Division Street in Pawtucket, Rhode Island, zip code 02860. Built in 1900, this property boasts a substantial 4,356 square foot lot, offering ample space. The building comprises one structure with six units, a mix of one and two-bedroom apartments. Currently, all units are rented, presenting immediate cash flow. While some units feature recently updated modern finishes, the property is being sold "as is." Individual electric meters are installed for each unit, simplifying utility management. Heating is provided via a single gas meter, with the owner responsible for the cost. The generous lot size accommodates at least four tenant parking spaces. This property enjoys a highly desirable location in the heart of Quality Hill, within Downtown Pawtucket. Its proximity to the Pawtucket/Central Falls Transit Center (with MBTA service to South Station in Boston) and easy access to Routes 1 and 95 (within 15 minutes of Downtown Providence) enhance its appeal. The current rental income is below market value, offering significant potential for increased profitability. This is a rare chance to acquire a well-located multifamily property with strong upside potential in a thriving Rhode Island market.