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Street View
$1,750,000
Monthly Est:$8,710
16 Beds
9 Baths9 full baths
8,226sqft
9 Melton St, Pawtucket, RI 02860
$1,750,000
$8,710/moEst:
Get Pre-Approved
Multi Family
Built in 1988
$-- HOA
8,817 sqft lot
$213/sq.ft
Description
9 Melton Street is a cash-flowing, nine-unit multifamily property generating $15,440/month ($185,280 annually) in Pawtucket, RI. The unit mix of seven 2-bedroom/1-bath and two 1-bedroom/1-bath apartments is largely renovated seven of the nine units have been fully updated with new cabinetry, granite countertops, new flooring, new appliances, and new bathroom vanities and major systems are new, including the roof, windows, and boilers. In-place rents sit below market, offering approximately 11% upside to a $17,100/month ($205,200 annually) market level as leases roll. Priced at $1,750,000 ($194,444 per unit) a 7.2% in-place cap rate rising to 8.2% at market the off...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: August 28, 2026 at 7:53 pm
- Listing Provided by: John Slyman (508) 330-0325 DRE #REB.0018441 | New England Apartment Group (508) 330-0325
- Source: RI StateWide MLS-RI | MLS#: 1416377
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1988
HOA Fees
-
Finished Area
8,226 sqft
Lot Size
8,817 sqft lot
Basement Area
- sqft
MLS Name
RI StateWide MLS
MLS Number
1416377
MLS Status
Pending
Days on Market
86
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 9
Interior
Heating
Baseboard, Gas
Sewer
Public Sewer
Appliances
Gas Water Heater
Cooling
Wall Units
Flooring
Vinyl
Construction
Year Built
Year Built: 1988
Home type
Multi Family
Construction Materials
Vinyl Siding
Utilities & Energy
Parking Features
No Garage
Laundry Features
Common Area
Electric
Amps100, Separate Meters
Water Source
Public
Basement
None
Other Features
Community Features
Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Courts
Price History
| Date | Event | Price |
|---|---|---|
08/28/2026 Source: | Pending | $1,750,000 $213/sqft |
06/25/2026 Source: | Listed for Sale | $1,750,000 +92248.28% $213/sqft |
03/14/2026 Source: | Sold | $1,895 $0/sqft |
02/20/2026 Source: | Listed for Sale | $1,895 -99.79% $0/sqft |
01/16/2024 Source: | Price Decreased | $899,900 -10.90% $109/sqft |
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Based on information from State-Wide MLS through Sep 19, 2026, 08:30PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 State-Wide MLS, Inc. All rights reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
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