TL;Dr

518 Lonsdale Avenue

Pawtucket, RI 02863 (MLS #1408937)
Bedrooms
6
Bathrooms
3
Square Ft.
2,450
Units
3
$599,000.
Features
Bedrooms
6
Bathrooms
3
Square Ft.
2,450
Floors
3
Units
3
Year Built
1912
Land SqFt
3,330
Mortgage Calculator
Monthly Payment
$0
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Alex Parmenidez
Realtor
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Area Highlights

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$447,733
170
51/49
77,676

Schools In The Area

Check our schools near {area_name} complete with ratings and contact info.
Agnes E. Little Elementary School 401-729-6256 Public KG-5
Henry J. Winters Elementary School 401-729-6272 Public KG-5
Lyman B. Goff Middle School 401-729-6500 Public 6-8
Jacqueline M. Walsh School 401-721-2148 Public 9-12
Agnes E. Little Elementary School 401-729-6256 Public KG-5
Francis J. Varieur Elementary School 401-729-6266 Public KG-5
Henry J. Winters Elementary School 401-729-6272 Public KG-5
Flora S. Curtis Elementary School 401-729-6252 Public PK-5
Potter-Burns Elementary School 401-729-6250 Public KG-5
International Charter School 401-721-0824 Public KG-5
Nathanael Greene Elementary School 401-729-6260 Public PK-5
Curvin McCabe Elementary School 401-729-6258 Public KG-5
M. Virginia Cunningham Elementary School 401-729-6262 Public KG-5
Fallon Memorial Elementary School 401-729-6254 Public PK-5
Elizabeth Baldwin Elementary School 401-729-6264 Public KG-5
St Cecilia School 401-723-9463 Private KG-8 Website
St Teresa School 401-726-1414 Private PK-8 Website
Darlington Early Childhood Center 401-725-6240 Private PK-KG Website
Agnes E. Little Elementary School 401-729-6256 Public KG-5
Henry J. Winters Elementary School 401-729-6272 Public KG-5
Francis J. Varieur Elementary School 401-729-6266 Public KG-5
Flora S. Curtis Elementary School 401-729-6252 Public PK-5
Potter-Burns Elementary School 401-729-6250 Public KG-5
Nathanael Greene Elementary School 401-729-6260 Public PK-5
International Charter School 401-721-0824 Public KG-5
Curvin McCabe Elementary School 401-729-6258 Public KG-5
M. Virginia Cunningham Elementary School 401-729-6262 Public KG-5
Fallon Memorial Elementary School 401-729-6254 Public PK-5
Joseph Jenks Middle School 401-729-6520 Public 6-8
Lyman B. Goff Middle School 401-729-6500 Public 6-8
Samuel Slater Middle School 401-729-6480 Public 6-8
Elizabeth Baldwin Elementary School 401-729-6264 Public KG-5
St Teresa School 401-726-1414 Private PK-8 Website
St Cecilia School 401-723-9463 Private KG-8 Website
Lyman B. Goff Middle School 401-729-6500 Public 6-8
Joseph Jenks Middle School 401-729-6520 Public 6-8
Samuel Slater Middle School 401-729-6480 Public 6-8
St Cecilia School 401-723-9463 Private KG-8 Website
St Teresa School 401-726-1414 Private PK-8 Website
Jacqueline M. Walsh School 401-721-2148 Public 9-12
Blackstone Academy Charter 401-726-1750 Public 9-12
William E. Tolman Senior High School 401-729-6400 Public 9-12
Charles E. Shea Senior High School 401-729-6445 Public 9-12
St Raphael Academy 401-723-8100 Private 9-12 Website

Frequently Asked Questions

Q: Why is this Pawtucket four-unit property a good investment opportunity?

A: This property offers scale and flexibility in a growing market. With over 3,912 square feet of living space and a versatile layout, it provides immediate value-add potential for investors looking to optimize rental income through strategic renovations.

Q: What is the unit breakdown for this multifamily home?

A: The property includes a first-floor 2-bed (convertible to 3-bed), two 1-bed units on the second floor, and a 3-bed unit on the third floor. Contact Alex Parmenidez today to schedule a walkthrough and see the layout in person!

Q: How is the property set up for utilities and parking?

A: The home is equipped with gas service, separate electric meters for each unit, and a house meter. It also features a full basement for storage and a large lot providing ample on-site parking for all tenants.

Q: Is the location convenient for commuters to Providence or Boston?

A: Yes, being minutes from the Pawtucket–Central Falls Station and major highways ensures high commuter demand. View the full property details and location map on our website.

Q: What makes this a "value-add" investment?

A: The potential for a first-floor bedroom conversion and basement upgrades allows investors to quickly unlock equity. Reach out to Alex Parmenidez to discuss your investment strategy for this property!