9 Melton Street, Pawtucket, RI 02860 - Photo 1

1/1

$1,620,000

Sold
Closed
Commercial Residential Facility

1/1

Property 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 offering combines immediate cash flow with a strong value-add profile. Financials and rent roll available upon request.

Full Property Details

Full Property Details for 9 Melton St

General

Sold For: $1,620,000
Taxes: $17,924 (2025)
Status: Closed
Type: Commercial Residential Facility
Source: STWMLS
MLS ID: 1416381
Added to Site: 107 day(s) ago

Rooms

Other Rooms

Laundry: Common Area

Additional Information

Tennis: Yes

Parking

Total Spaces: 13

Location

County: Providence
Near Highway: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall Unit(s)
Heating Type: Baseboard

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Structure Type: Apartment
Detached/Attached: Detached
Construction: Frame
Basement Desc.: None
Stories/Levels: 0
Building Size: 8226
Finished Total: 8,226 Sq. Ft.
Finished Above Grnd: 8,226 Sq. Ft.
Year Built: 1988

Lot Features

Lot Size (Acres): 0.2024
Lot Size (Sq. Ft.): 8,817
Lot Size: 8817

Financial Considerations

Tax Amount: $17,924
Tax Year: 2025

Disclosures and Reports

Inclusions: No warranty or representation, expressed or implied, is made by the Owner or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information or projections or any information related to the physical buildings or land. Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning
Property ID: 9MELTONSTPAWT

Listed by New England Apartment Group
Sold by Keller Williams Leading Edge

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— 9 Melton St —

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Schools

Schools serving 9 Melton St

School District:Pawtucket School District

Name	Grades	Distance
Elizabeth Baldwin School 723 Central Avenue, Pawtucket, RI 02861	K-5	2.4 mi
Samuel Slater Junior High School 281 Mineral Spring Avenue, Pawtucket, RI 02860	6-8	0.3 mi
Shea High School 485 East Avenue, Pawtucket, RI 02860	9-12	0.6 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 9 Melton St

Date

Details

Price

Change

Source

10/01/2026

Sold

$1,620,000

-7.43%

MLS

6/25/2026

Listed

$1,750,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

48 School St, Central Falls, RI 02863 - Photo 1

Just Listed

$900,000

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Commercial
Active

836 Douglas Ave, Providence, RI 02908 - Photo 1

Just Listed

$299,900

836 Douglas Ave Providence, RI 02908

Apartment
Active
Updated 21 hours ago

6
Beds
2
Total Baths

Listed by Janet Audet (401) 486-7410

Just Listed

$258,907

2 Main St #18 Lincoln, RI 02865

Condo
Active
Updated 3 days ago

2
Beds
1
Total Bath
1,018
Sq. Ft.

Listed by Donna Davids (617) 216-1405 and Bruce Bradford (508) 265-4922

Just Listed

$258,907

Open House

2 Main St #18 Lincoln, RI 02864

Condo
Active
Updated 13 hours ago

2
Beds
1
Total Bath
1,018
Sq. Ft.

Listed by Donna Davids (617) 216-1405 and Bruce Bradford (508) 265-4922

373 Cowden St, Central Falls, RI 02863 - Photo 1

Price Reduced

-$4,000 (-0.81%)

$490,000

373 Cowden St Central Falls, RI 02863

Apartment
Active
Updated 4 days ago

7
Beds
3
Total Baths

2 Lancers Ln, Lincoln, RI 02865 - Photo 1

Price Reduced

-$100,000 (-8.16%)

$1,125,000

2 Lancers Ln Lincoln, RI 02865

Single Family
Active
Updated 5 days ago

4
Beds
5
Total Baths
3,801
Sq. Ft.

Listed by The Renee Moussally Team (401) 499-9049

83 Terrace Ave, Providence, RI 02909 - Photo 1

Price Reduced

-$20,000 (-3.34%)

$579,000

83 Terrace Ave Providence, RI 02909

Multi-Family
Active
Updated 4 days ago

3
Units
5
Total Beds
0.068
Acres

200 Exchange St, Providence, RI 02903 - Photo 1

Price Reduced

-$11,000 (-2.16%)

$499,000

200 Exchange St #1014 Providence, RI 02903

Condo
Active
Updated 2 days ago

1
Bed
1
Total Bath
912
Sq. Ft.

40 Dryden Ave, Pawtucket, RI 02860 - Photo 1

Sold

$1,385,000

40 Dryden Ave Pawtucket, RI 02860

Single Family
Closed

6
Beds
5
Total Baths
5,237
Sq. Ft.

756 Hope St, Providence, RI 02906 - Photo 1

Sold

$1,825,000

756 Hope St Providence, RI 02906

Multi-Family
Closed

3
Units
5
Total Beds
0.11
Acres

470 Cole Ave, Providence, RI 02906 - Photo 1

Sold

$1,610,000

470 Cole Ave Providence, RI 02906

Single Family
Closed

5
Beds
4
Total Baths
3,659
Sq. Ft.

129 Fosdyke St, Providence, RI 02906 - Photo 1

Sold

$1,650,000

129 Fosdyke St Providence, RI 02906

Single Family
Closed

4
Beds
4
Total Baths
3,018
Sq. Ft.

9 Melton Street, Pawtucket, RI 02860 (MLS# 1416381) is a Commercial Residential Facility property that was sold at $1,620,000 on October 01, 2026. Want to learn more about 9 Melton Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Pawtucket? You can browse all Pawtucket real estate or contact a Coldwell Banker agent to request more information.

9 Melton St Pawtucket, RI 02860