1 Orrin Street
Pawtucket, RI 02893
Listed 4/14/2026
About This Deal
This property requires a full structural and systems rehab with foundation work, roof replacement, and complete interior renovation to reach market-ready condition. The 78,400-square-foot lot in West Warwick presents significant development or multi-unit potential beyond the existing structure, with strong residential demand in the area. This deal supports both a flip to end-buyer and a hold-and-develop strategy—qualified investors should move quickly before this off-market opportunity attracts competing offers.
Financials
Asking Price
$120,000
ARV
$500,000
Est. Repairs
$80,900
Equity Spread
$299,100
Deal Snapshot
Max Allowable Offer
$269,100
ARV × 70% − Repairs
Est. Net Profit
$299,100
ARV − Price − Repairs
Projected ROI
148.9%
Profit ÷ (Price + Repairs)