2 months on rocket

284 Lonsdale Ave, Pawtucket, RI, 02860

$750,000

Home List Price

$8,906*

Closing Credit

9 Bedrooms
6 Full Baths
4,176 SqFt
$180/SqFt
Multi
Schools Nearby

Location

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284 Lonsdale Ave, Pawtucket$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1920
BasementYes
MLS #73206552
Lot Size0.12 Acres
StatusActive

About 284 Lonsdale Ave

Exceptional opportunity to own a very well maintained 6-unit building in Pawtucket. Featuring a mix of (3) one-bedroom and (3) two-bedroom units, with five of the six units having undergone renovations, this property offers a seamless turn-key investment opportunity. Additionally, the partially finished basement presents the potential for a seventh unit, adding further upside to the property. The property features coin-operated laundry in the basement, providing an additional income stream. With a history of consistently high occupancy, this property offers stability. There are also 7-8 parking spaces. Nestled within an Opportunity Zone, this investment presents compelling financial prospects, with ample room for value appreciation and rent escalation. Ideal for investors seeking a lucrative, cash-flowing asset with significant upside potential, this property promises both immediate returns and long-term growth. Reach out today for a private tour and financials.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 4,176 SqFt

Listing Office:

  • Office Name: John Slyman
  • Listing Agent: John Slyman

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: 284 Lonsdale

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $180/SqFt

Tax Information:

  • Annual Amount: $4,987
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pawtucket, RI.

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Pawtucket, RI

City

Med. Sold Price

$376.3K

Med. Price/SqFt

$232

Avg. Days On Market

27

# of Sold Homes

42

284 Lonsdale Ave vs Pawtucket

60 DAYS ON ROCKET

+33 Days

$750,000

+$373.6K More

$180/SqFt

-$52 Less

KEY TAKEAWAY

This property is $373.6K more than the Median Sold Price and $52/SqFt less than other homes in Pawtucket, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73206552

Listing Office:

  • Office Name: John Slyman
  • Listing Agent: John Slyman

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 10:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 18, 2014Home Sold
$226,500
Jul 02, 2004Home Sold
$370,000
Dec 19, 2002Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,987$300,800
2020$4,817$230,600
2018$4,642$230,600
2017$4,926$216,800

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3036211
4
/10

  • Cunningham School

  • 40 Baldwin St

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-3036212
2
/10

  • Elizabeth Baldwin School

  • 50 Whitman St

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-3036213
5
/10

  • Nathanael Greene School

  • 285 Smithfield Ave

  • 0.87 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,333. Typical income of Pawtucket, RI residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Pawtucket›02860›284 Lonsdale Ave

This home is located at 284 Lonsdale Ave in Pawtucket, RI and zip code 02860. This 4,176 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $750,000.

In March 2024 more than 34 listings in Pawtucket, RI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. In March 2024 in Pawtucket, RI there were 6.2% more homes for sale than in February 2024. While the average time on the market in March 2024 was 27 days, the median list price was $376,386.

From Rocket Homes Real Estate and based on county public records data.

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