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Pawtucket Multi-Family Near Train

50 Jefferson Avenue Pawtucket, RI 02860

Claim this Listing
Pending
$474,900

MULTI_FAMILY - Pawtucket, RI

Property size:
2,865 SF
Lot size:
0.10 Acres
Added:
May 12, 2026
Days on Market:
61
Last Refresh:
Jul 11 at 4:06 pm

Property Features for 50 Jefferson Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 2, Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
Parking
6
Parking features
Garage
Basement
Finished, Full
Appliances
Gas Water Heater
Standard status
Pending
Size
2,865 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
4595

Utilities

Heating system
Electric (Heating), Natural Gas, Baseboard

Building Details

Year built
1900
Floors in Building
2
Number of units
3
Flooring type
Tile - Ceramic, Laminate, Hardwood
Building materials
Aluminum Siding, Other Siding

Listing agent Wil Hernandez

Listing office Century 21 Visionary Group 969 Waterman Avenue, Suite 3, East Providence, RI

Listing date May 12, 2026

MLS# 1412345 Listing URL

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.

This is a legal 3-family property featuring two units with 2 bedrooms each and one unit with one bedroom. The property offers ample parking for tenants. A new roof was installed in 2018. It is located near the new Pawtucket train station, a new middle school, and directly across from a playground. The property size is 2865 square feet and the lot size is 0.1 acres.

Key Highlights

  • Legal 3‑family property with 2 units featuring 2 bedrooms and 1 unit featuring 1 bedroom
  • New roof installed in 2018
  • Multiple flooring types including hardwood, laminate, and ceramic tile

Local Financial Insights For Apartment 5plus

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 $73.2k $25.56
− Vacancy −$4.4k −$1.53
EGI $68.8k $24.03
− OpEx −$31.0k −$10.81
NOI $37.9k $13.21
2,865 SF · lease $25.56/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$681.5K
$596.3K – $795.1K (±1% cap)
NOI $47,704 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$540.9K
$473.3K – $631.0K (±1% cap)
NOI $37,860 @ 7.0% cap · market cap 7.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Carpet & Flooring Store Tech Support Center Florist Pet Grooming Service Butcher Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Legal 3-family near train, school, and playground.
Where is this triplex located?
The property is located at 50 Jefferson Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Legal 3‑family property with 2 units featuring 2 bedrooms and 1 unit featuring 1 bedroom; New roof installed in 2018; Multiple flooring types including hardwood, laminate, and ceramic tile
Contact an agent
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