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3 Beds
2 Baths
3,470 sqft

$542,000

487 Grand Avenue, Pawtucket RI, 02861

Price per sqft$156.20
Built in1930
Property size3,470 sqft
Property typeMulti-family

Overview

Active

Listed Oct 5, 2026

Updated 3 days ago

Welcome to truly a one of a kind opportunity in the heart of Pawtucket! This exceptional 2-unit home effortlessly blends historic character and charm with incredible future potential. From the moment you arrive, you will be captivated by the home's inviting architecture and unique details that set it apart from typical multi-family properties. Whether you are an investor looking to grow your portfolio or an owner-occupant seeking to offset your mortgage while living in a beautiful space, this residence delivers on all fronts. One of the most exciting features of this property is that it comes with an extra lot with potential to build, presenting endless possibilities for expansion, a sprawling city garden, or brand-new construction. Furthermore, parking, storage, and workspace will never be an issue thanks to the spacious 2 car barn style garage that perfectly complements the vintage aesthetic of the estate. Properties offering this rare combination of immediate rental appeal, classic beauty, and raw development upside simply do not come on the market often. Don't miss your chance to own a piece of Pawtucket history with the absolute flexibility to shape its future. Schedule your private showing today to explore the limitless possibilities this exceptional property has to offer!

$3,606/mo

Est. mortgage payment based on a $542,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1425023

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$4,068
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of REMAX Revolution, 401-261-1936

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 5:00 AM UTC, 10/7/2026.

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