Residential Properties Ltd. is proud to announce the sale of 170 Pawtucket Avenue in Pawtucket for $1.98 million. RPL Sales Associate Scott Veloso of the Bessette Veloso Group represented both the seller and the buyer in this transaction.
According to State-Wide MLS data, this is the highest commercial sale in Pawtucket since 2020.
The seller, RISSPORT I, LLC, owns an array of apartment communities across Rhode Island. The buyer, The Bilotti Group, owns and manages multi-family homes, apartments, and commercial space in RI and MA with roughly 600 units currently. Located around the corner from Pawtucket’s historic Modern Diner, this circa-1960 complex also enjoys proximity to the scenic Seekonk River, local breweries, the Hope Artiste Village, and The Met.
The Bessette Veloso Group has built a reputation as the go-to real estate team in RI to help landowners and investors maximize value. To view their listings, learn more, or set up a meeting, please visit RIPropertyGroup.com.
*Information based in whole or in part on data supplied by State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from State-Wide MLS as of July 2023.
