28 days on rocket

580 Central Ave, Pawtucket, RI, 02861

$589,900

Home List Price

$7,005*

Closing Credit

4 Bedrooms
3 Full Baths
Multi

Location

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580 Central Ave, Pawtucket$589,900

Buyer Closing Credits

$7,005*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year BuiltNew Const., 1930
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #1373334
Lot Size0.13 Acres
StatusActive

About 580 Central Ave

Impeccably maintained mixed-use property! Boasting a prime location, this property features a vibrant retail unit and two residential units, offering a harmonious blend of commercial and residential living. Currently fully occupied, the residential units consist of a spacious 2-bedroom and a cozy 1-bedroom, catering to diverse tenant needs. The retail space provides a lucrative income stream and is strategically positioned to attract high foot traffic. Additionally, a detached garage enhances the property's value, offering additional income potential or storage space. Ample off-street parking ensures convenience for both residents and retail customers. Whether you're an investor seeking steady returns or a homeowner looking for an income-generating property, this mixed-use gem offers endless possibilities in a thriving community!

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,900
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Housing Market Comparison

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

Med. Sold Price

$415K

Med. Price/SqFt

$242

Avg. Days On Market

26

# of Sold Homes

26

580 Central Ave vs Pawtucket

28 DAYS ON ROCKET

+2 Days

$589,900

+$174.9K More

KEY TAKEAWAY

This property is $174.9K more than the Median Sold Price in Pawtucket, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1373334

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2019Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $279,000
2020 - $253,600
2019 - $253,600
2018 - $253,600
2017 - $256,000

History based on county public records data.

Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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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-4530710
4
/10
  • Curvin McCabe Elementary School

  • 466 Cottage St

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-4530711
4
/10
  • Potter-Burns Elementary School

  • 973 Newport Ave

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-4530712
4
/10
  • Henry J. Winters Elementary School

  • 481 Broadway

  • 0.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,993. Residents of Pawtucket, RI typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Pawtucket, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Pawtucket, RI.

Pawtucket's housing market is diverse, offering a range of options from historic Victorian homes to contemporary apartments and multifamily units. Single-family homes are prevalent, with a mix of older homes that reflect the city's rich industrial past and newer constructions. The homeownership rate in Pawtucket is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties.

What is it like to live in Pawtucket, RI?

Pawtucket prides itself on its vibrant arts scene and historical significance in the American Industrial Revolution. The community is known for its creative energy, with numerous art studios and galleries dotting the area. Annual events like the Pawtucket Arts Festival celebrate the city's cultural diversity and artistic heritage, fostering a sense of pride and togetherness among residents.

Is it easy to get around Pawtucket, RI without a car?

The city of Pawtucket is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic preferences. Healthcare is accessible through local clinics and nearby hospitals that offer a variety of medical services. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, reflecting the local culture and providing residents with a taste of Pawtucket's culinary diversity.

Transportation in Pawtucket, RI.

Transportation in Pawtucket includes a network of buses that connect residents to various parts of the city and surrounding areas. The city's layout supports a moderate level of walkability, particularly in the downtown area, which is more pedestrian-friendly. Bike paths are available for cycling enthusiasts, and major highways facilitate travel to Providence and other parts of Rhode Island. While ride-sharing services are operational, specific schedules and availability may vary.

Rocket Homes›Rhode Island›Providence County›Pawtucket›02861›580 Central Ave

This home is located at 580 Central Ave in Pawtucket, RI and zip code 02861. This home, which was built in 1930, sits on a 0.13 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $589,900.

In November 2024, from all listings sold in Pawtucket, RI there were more than 21 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. Between October 2024 and November 2024, Pawtucket, RI real estate market has seen decrease in the number of listings by 11.6%. While the average time on the market in November 2024 was 26 days, the median list price was $415,000.

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

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