Backup offers
#1387386, Listing office: Realty Center
Property details
About 40 W Cole St
Versatile Two-Family Home on RI/MA line ideal for Investors or Owner-Occupants! Conveniently located just minutes from the highway, this spacious multi-family offers excellent flexibility and income potential. The first-floor unit features a generously sized bedroom, full bath, kitchen, and living room, with a basement that could easily be finished for additional living space or storage. The second unit spans two levels and boasts an open-concept kitchen/living area, a large bathroom, and bedroom on the main level. A stairway leads to the upper floor, offering one possibly two additional bedrooms or flexible bonus space. Step out onto the back deck and enjoy the private yard and off-street parking. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this property is a smart buy with great upside.
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
CoolingDuctless
BasementYes
Lot size0.0767 Acres
Year built1920
ParkingNo Garage
MLS #1388979
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Gas Water Heater, Oven, Range, Washer
- Basement: Yes
- Flooring Type: Carpet, Ceramic Tile, Laminate
- Interior: Tub Shower, Cable TV
- Fireplace: None
- Total Bedroom Count: 3
- Parking: No Garage
- Exterior: Deck, Paved Driveway
- Heating: Baseboard, Natural Gas
- Cooling: Ductless
- List Price: $480,000
- Annual Tax Amount: $4,479
- Tax Year: 2024
- Lot: Paved
- Year Built: 1920
- Lot Size: 0.0767 Acres
- MLS Number: 1388979
- MLS Name: RIS
- Office Name: RE/MAX ADVANTAGE GROUP
- Office Phone: (401) 823-1500
- Office Email: frontdeskrmaxadvantage@gmail.com
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 © 2025 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: 7/8/2025, 8:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 20, 2022 | Home Sold | $357,000 |
| Nov 30, 2006 | Home Sold | $178,000 |
| Feb 27, 1996 | Home Sold | $74,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $363,000 | $4,479 |
| 2023 | $224,300 | $3,800 |
| 2022 | $224,300 | $3,719 |
| 2021 | $224,300 | $3,719 |
| 2020 | $152,700 | $3,190 |
| 2018 | $152,700 | $3,074 |
| 2017 | $127,200 | $2,890 |
History based on county public records data.
Nearby schools
4
Henry J. Winters Elementary School
Public District KG-5
0.3 mi
•481 Broadway
4
Curvin McCabe Elementary School
Public District KG-5
0.7 mi
•466 Cottage St
2
Raices Dual Language Academy
Public District PK-6
0.7 mi
•135 Hunt St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,872. Typical income of Pawtucket, RI residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
31%
<35k
58%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
23%
Single, with Kids
18%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living 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.
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.
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.
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.
About 40 W Cole St
The listing price of 40 W Cole St property is $480,000.
The property 40 W Cole St is a multi located in Pawtucket, Rhode Island, 02861.
Active Listing: 40 W Cole St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40 W Cole St are: Henry J. Winters Elementary School (GreatSchools Rating 4/10), Curvin McCabe Elementary School (GreatSchools Rating 4/10), Raices Dual Language Academy (GreatSchools Rating 2/10), The Learning Community (GreatSchools Rating 4/10), Calcutt Middle School (GreatSchools Rating 1/10), Segue Inst for Learning (GreatSchools Rating 4/10), William E. Tolman Senior High School (GreatSchools Rating 2/10), Central Falls Sr High School (GreatSchools Rating 2/10), Jacqueline M. Walsh School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $4,479 (source: MLS/based on county public records data).
The last sale was on May 20, 2022 for $357,000 (source: MLS/tax record).
The year of construction for 40 W Cole St is 1920.
This home is located at 40 W Cole St in Pawtucket, RI and zip code 02860. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $480,000.
Over 30 listings were sold over their listed price in June 2025 in Pawtucket, RI. In the same period over 10 listings were sold below the listed price and 6 listings were sold for the listed price. In June 2025 in Pawtucket, RI there were 0.5% less homes for sale than in May. While the average time on the market in June 2025 was 27 days, the median list price was $430,000.
From Rocket Homes Real Estate and based on county public records data.