153 Marlborough Street East Greenwich, RI 02818
MULTI_FAMILY - East Greenwich, RI
Property Features for 153 Marlborough Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bedroom 10, Bedroom 7, Bedroom 8, Basement, Bedroom 4, Bedroom 6, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 5, Bedroom 1, Bathroom 1, Bedroom 9, Bedroom 5
- Parking
- 4
- Patio and Porch features
- Patio, Porch
- Interior features
- Wall (Dry Wall), Cathedral Ceilings, Plumbing (Mixed), Insulation (Unknown)
- Exterior features
- Patio, Porch
- Basement
- Partial, Storage Space, Unfinished
- Appliances
- Dryer, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 4,517 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10871
Utilities
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1850
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Hardwood
- Building materials
- Dry Wall, Clapboard, Shingles
Listing agent Dean Benjamin License #B16536 (401) 884-6050
Listing office Re/Max Professionals 655 Main Street, East Greenwich, RI (401) 884-6050
Listing date May 22, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- 4‑unit property with TWO separate buildings on ONE lot
- Renovated in 2012 with updated kitchens and bathrooms, plus replacement windows
- Lead certificates on file
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 | $100.3k | $22.20 |
| − Vacancy | −$6.5k | −$1.44 |
| EGI | $93.8k | $20.76 |
| − OpEx | −$28.1k | −$6.23 |
| NOI | $65.6k | $14.53 |