$579,999

501 Benefit St Pawtucket, RI 02861

$6,887
Closing credit¹
6 beds
2 full
0.10 acres
Multi-Family

Property details

About 501 Benefit St

Discover the perfect blend of modern updates and classic charm at 501 Benefit Street in the heart of Pawtucket's desirable Darlington neighborhood. This beautifully renovated two-family home offers two spacious units, each featuring 3 bedrooms and 1 full bathroom ideal for owner-occupants, multi-generational living, or savvy investors seeking strong rental income. Both units have been completely renovated from top to bottom, including new flooring, updated kitchens with sleek cabinetry and stainless-steel appliances, and refreshed bathrooms. Enjoy high ceilings, abundant natural light, Fresh interior and exterior paint, and a thoughtfully designed layout that maximizes living space. Most importantly, there are brand-new heating systems and water tanks located in the basement, updated electrical and plumbing systems, a newer roof, tons of off-street parking, and a full basement with laundry hookups and storage potential Located close to schools, parks, shopping, and major highways, this turnkey property is a fantastic opportunity whether you're looking to live in one unit and rent the other or add a quality asset to your investment portfolio.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.0952 Acres
Year built1925
ParkingNo Garage
MLS #1385490

Summary

  • Full Bathrooms: 2
  • Appliances: Microwave, Oven, Range, Refrigerator, Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate
  • Fireplace: None
  • Total Bedroom Count: 6
  • Parking: No Garage
  • Exterior: None
  • Heating: Baseboard, Natural Gas
  • Cooling: None
  • List Price: $579,999
  • Annual Tax Amount: $5,204
  • Tax Year: 2024
  • Year Built: 1925
  • Lot Size: 0.0952 Acres
  • MLS Number: 1385490
  • MLS Name: RIS
  • Office Name: June Realty
  • Office Phone: (401) 642-7591

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: 5/20/2025, 9:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring roof with shingles and a porch

$579,999

501 Benefit St

$6,887

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 08, 2019
Home Sold
$305,000
Nov 27, 2013
Home Sold
$210,000

Tax history

YearAssessmentProperty Tax
2024$421,700$5,204
2023$301,300$5,104
2022$301,300$4,996
2021$301,300$4,996
2020$240,000$5,014
2019$240,000$5,014

History based on county public records data.

Nearby schools

7

Flora S. Curtis Elementary School

Public District PK-5

0.2 mi

582 Benefit St

4

Potter-Burns Elementary School

Public District KG-5

0.7 mi

973 Newport Ave

4

Curvin McCabe Elementary School

Public District KG-5

0.8 mi

466 Cottage St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,269. The majority of Pawtucket, RI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
44%
35k-100k
20%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
15%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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 501 Benefit St

This home is located at 501 Benefit St in Pawtucket, RI and zip code 02861. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $579,999.

In April 2025, from all listings sold in Pawtucket, RI there were more than 35 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. Between March and April 2025, Pawtucket, RI real estate market has seen increase in the number of listings by 7.7%. In April 2025, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $426,200.

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

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