40 Amherst Ave, Pawtucket, RI, 02860
About This Home
Stunning Renovated Home with Income Potential – 40 Amherst Ave Welcome to this beautifully updated home located in a desirable Pawtucket neighborhood, offering the perfect blend of comfort, style, and opportunity. This property is currently undergoing renovations, making it an excellent chance for buyers to secure a move-in-ready home with modern upgrades. The main living space features a bright and inviting layout, with generous natural light, spacious bedrooms, and updated finishes throughout. The kitchen and bathrooms are being thoughtfully improved to enhance both functionality and design. ? What makes this home stand out: Ongoing renovations—modernized for today’s lifestyle Spacious layout ideal for families or investors Basement in transformation into a potential second living unit Opportunity for multi-family use or rental income Convenient location close to highways, shopping, and local amenities The basement is currently being converted into an additional living space, offering the possibility for a second unit—perfect for extended family, rental income, or house hacking. This is more than just a home—it’s an investment opportunity with strong upside potential. ?? Located in Pawtucket, just minutes from Providence, making commuting easy while enjoying a quieter residential setting.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Roof: Asphalt
- Construction materials: wood frame
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator
Basement
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Tile,Hardwood
- Fireplace: Yes
Heating
- Heating features: Other,Gas
Interior Area
- Total interior livable area: 2,136 sqft
Property
Details
- Parcel number: PAWTM51L0114
Features
- Exterior features: Wood,Cement / Concrete
Lot
- Lot size: 4,791 sqft
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,527 | $30,324 |
| Home Insurance * | $253 | $3,036 |
| Property Taxes | $507 | $6,084 |
| Electricity | $435 | $5,220 |
| Total | $3,722 | $44,664 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Listed for sale | $530,000 |
| 2025-11-26 | Sold | $375,000 |
| 2020-02-25 | Sold | $250,000 |
| 2019-11-20 | Price change | $269,000 |
| 2019-10-17 | Listed for sale | $279,900 |
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