About This Home

This 6-bedroom, 3-bathroom residential multi family at 55 Cole Street in Pawtucket, RI is listed for $589,900 ($203 per sqft). Built in 1940, the home offers 2,900 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1940
  • 0.11 acre lot
  • 3 stories
  • 5 parking spaces

Property Details

3 stories
3 full
5 spaces
1940

Amenities

Hardwood
Listing Description

Perfect opportunity for savvy investors or owner-occupants looking to build immediate equity! Ideally located minutes from the Massachusetts border, this rock-solid, turn-key 2-family home offers incredible versatility, modern updates, and high rental upside with below-market rents.

The first-floor unit features a comfortable 2-bedroom, 1-bathroom layout with a distinct living room, formal dining room, and an updated kitchen. The massive, townhouse-style second and third-floor unit boasts over 1,900sq.ft , beautifully configured with 4 bedrooms, 2 full bathrooms, 2 living rooms, and a dual-kitchen setup-ideal for an in-law suite, extended families, or maximizing rental income.

Both units feature some wood flooring, updated kitchens, modern bathrooms, and natural light streaming through many windows, alongside the privacy of separate front and back entryways. Low-maintenance vinyl siding and vinyl windows ensure years of worry-free upkeep.

The expansive basement adds tremendous value, featuring a dedicated workshop area, a ton of extra storage space, and included washer & dryer. Outside, enjoy a fenced yard complete with a patio, garden spaces, and a large storage shed. Valuable bonuses include lead certificates ,separate utilities, and 5 off-street parking spaces in a long, beautifully appointed driveway.

Commuters will love the ultra-convenient access to major highways and nearby T-Stations. This home comes fully applianced and ready to perform. A MUST SEE!

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,556
Insurance$172

Estimates only. Actual payments may vary.

Location

55 Cole Street

Pawtucket, RI 02860

Massachusetts Line

Features & Amenities

Interior Features

Plumbing (Mixed)

Property Details

Flooring

HardwoodCarpetTile - CeramicLaminate

Construction

Vinyl Siding

Parking

None

Heating

Electric (Heating)CentralNatural GasBaseboard

Appliances

Gas Water HeaterDryerOven/RangeRefrigeratorWasher

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 55 Cole Street is listed at $589,900 ($203/sqft). The estimated monthly payment is $3,155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.11 acre lot, 3 stories, 5 parking spaces. Interior Features: Plumbing (Mixed).

This property is listed by Izabella Whiting and can be reached at 5082771461.

IW

Izabella Whiting

Agent at Golden Summit Investment Corp. dba RE/MAX Real Estate Center

(508) 277-1461
Agent website

Listed by Golden Summit Investment Corp. dba RE/MAX Real Estate Center · Broker phone: (508) 543-3922 · View on Broker Site · Broker website

MLS# 1423376· Source: State Wide MLS of Rhode Island, Inc.· 4 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

55 Cole Street, Pawtucket, RI 02860

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