153 Central Avenue, Pawtucket, RI 02860
- Added:
- Mar 4, 2026
- Days on Market:
- 104
- Last Refresh:
- Jun 16 at 8:06 pm
Property Features for 153 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 2, Bathroom 1, Basement, Bedroom 6
- Parking
- 2
- Parking features
- Garage
- Basement
- Partially Finished, Storage Space, Full
- Standard status
- Pending
- Size
- 2,832 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4994
Utilities
- Heating system
- Oil
- Water source
- Public
Building Details
- Year built
- 1966
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Aluminum Siding
Listing agent Alpern & Mesenbourg Group (401) 845-9200
Listing office Keller Williams Coastal 501 Centerville Rd- Suite 201, Middletown, RI (401) 845-9200
Listing date Mar 4, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two 3‑bed, 1‑bath units offer strong rental potential or comfortable owner‑occupancy.
- Central location provides exceptional convenience to highways, train stations, shopping, restaurants, and schools.
- Fenced yard and two on‑site parking spaces enhance outdoor enjoyment and practicality.
- Versatile lower‑level room with a bar adds bonus space.
- Laundry hookups in the lower level provide added convenience.
- Well‑kept condition ensures immediate appeal.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $25.44 |
| − Vacancy | −$4.7k | −$1.65 |
| EGI | $67.4k | $23.79 |
| − OpEx | −$20.2k | −$7.14 |
| NOI | $47.2k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.375446
- Latitude
- 41.884152
