This is a five-unit multi-family investment property for sale in Pawtucket, RI, and it offers two things at once: a location one block from the Pawtucket/Central Falls commuter rail station, and an operating structure worth a close read.
The building holds five one-bedroom, one-bath apartments of roughly 700 square feet each, with hardwood and ceramic flooring. Replacement windows, an updated asphalt shingle roof, and vinyl siding cover a concrete and stone foundation from 1889. Three stories. One gas tankless heating system and one gas hot water tank serve the building. Five unit circuit-breaker electric meters plus a house meter, with city water and sewer. The full unfinished basement runs the length of the structure. Six off-street parking spaces occupy the 9,875 square foot lot — uncommon for a multi-family building this close to transit in Providence County.
All five units are occupied at $6,900 per month, $82,800 annually, and those rents include all utilities — the owner pays gas and electric. For anyone underwriting a five-unit rent roll, that is the line that matters, and the complete financial picture — rent roll, twelve months of utility statements, and operating expenses — is available to qualified buyers on request.
The Woodlawn North location is what makes those levers credible. The Pawtucket/Central Falls station opened in January 2023 on the MBTA Providence/Stoughton Line, with an indoor waiting room added January 2026. Downtown Providence is about 15 minutes out and Boston's South Station is roughly an hour by direct train — commutable either direction by rail or by car, with Interstate 95 minutes away. Bus routes, a hospital, and public schools sit nearby.
If you are looking at multi-family properties for sale in Pawtucket, RI and want the full financial package — rent roll, utility statements, expenses — reach out anytime at 401-426-4857 or alexparmenidez.realtor.